Dividend Coverage: Can we expect ARMOUR Residential REIT, Inc. (NYSE:ARR) to bring investors news of $0.22 dividends?

Dividend Coverage: Can we expect ARMOUR Residential REIT, Inc. (NYSE:ARR) to bring investors news of $0.22 dividends?

ARMOUR Residential REIT, Inc. (NYSE:ARR) is expected to pay $0.22 on Nov 29, 2016. The indicated annual dividend is $2.64. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on ARMOUR Residential REIT, Inc.’s current price of $23.22, the dividend is 0.95%. This dividend’s record date is Nov 15, 2016 and the announcement date is Oct 27, 2016. The stock increased 0.87% or $0.2 during the last trading session, hitting $23.22. ARMOUR Residential REIT, Inc. (NYSE:ARR) has risen 7.00% since April 7, 2016 and is uptrending. It has outperformed by 2.22% the S&P500.

ARMOUR Residential REIT, Inc. is an externally managed real estate investment trust (REIT). The company has a market cap of $859.96 million. The Firm invests in residential mortgage backed securities issued or guaranteed by the United States Government-sponsored entity (GSE), such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or guaranteed by the Government National Mortgage Administration (Ginnie Mae) (collectively, Agency Securities). It currently has negative earnings. It also may invest in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency (collectively, Non-Agency Securities).

Insitutional Activity: The institutional sentiment Infinity in 2016 Q2. Its in 2016Q1. The ratio [12345], as 0 funds sold all ARMOUR Residential REIT, Inc. shares owned while 0 reduced positions. 0 funds bought stakes while 2 increased positions. They now own 616,370 shares or 75.17% more from 351,870 shares in 2016Q1.
Moreover, Penn Mutual Life Ins has 4.25% invested in ARMOUR Residential REIT, Inc. (NYSE:ARR) for 294,000 shares. Edge Wealth Mgmt Ltd Llc owns 14,185 shares or 0.14% of their US portfolio.

Insider Transactions: Since August 22, 2016, the stock had 2 insider buys, and 0 selling transactions for $331,480 net activity. Shares for $110,340 were bought by ULM SCOTT on Monday, August 22. Shares for $221,140 were bought by Zimmer Jeffrey J on Monday, August 22.

ARMOUR Residential REIT, Inc. (NYSE:ARR) Ratings Coverage

Out of 5 analysts covering Armour Residential REIT Inc (NYSE:ARR), 0 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 0 are positive. Armour Residential REIT Inc has been the topic of 11 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The stock of ARMOUR Residential REIT, Inc. (NYSE:ARR) has “Underweight” rating given on Thursday, August 4 by Barclays Capital. Barclays Capital maintained ARMOUR Residential REIT, Inc. (NYSE:ARR) on Tuesday, November 10 with “Equal Weight” rating. The stock has “Hold” rating given by Deutsche Bank on Thursday, August 4. The stock has “Hold” rating given by Deutsche Bank on Monday, November 9. The firm has “Reduce” rating by Nomura given on Wednesday, February 24. Barclays Capital maintained ARMOUR Residential REIT, Inc. (NYSE:ARR) on Tuesday, October 13 with “Equal-Weight” rating. On Wednesday, May 4 the stock rating was downgraded by Ladenburg Thalmann to “Neutral”. The stock of ARMOUR Residential REIT, Inc. (NYSE:ARR) earned “Buy” rating by Zacks on Tuesday, August 18.

More notable recent ARMOUR Residential REIT, Inc. (NYSE:ARR) news were published by: Globenewswire.com which released: “ARMOUR Residential REIT, Inc. Reports Financial Results for the Quarter Ended …” on November 02, 2016, also Globenewswire.com with their article: “ARMOUR Residential REIT, Inc. Announces November 2016 Dividend Rate Per Common …” published on October 26, 2016, Fool.com published: “Why You Should Stay Away From Armour Residential REIT Inc.’s 15% Dividend Yield” on November 13, 2014. More interesting news about ARMOUR Residential REIT, Inc. (NYSE:ARR) were released by: Globenewswire.com and their article: “ARMOUR Residential REIT, Inc. Announces Expected Increased Common Stock …” published on June 18, 2015 as well as Fool.com‘s news article titled: “Digital Realty Trust Inc. or ARMOUR Residential REIT, Inc.: Which REIT Is …” with publication date: December 20, 2015.

ARR Company Profile

ARMOUR Residential REIT, Inc. (ARMOUR), incorporated on February 5, 2008, is an externally managed real estate investment trust (REIT). The Firm invests in residential mortgage backed securities issued or guaranteed by the United States Government-sponsored entity (GSE), such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or guaranteed by the Government National Mortgage Administration (Ginnie Mae) (collectively, Agency Securities). It also may invest in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency (collectively, Non-Agency Securities).

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