Credit: Shutterstock photoARMOUR Residential REIT, Inc. ( ARR ) will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.05 per share is scheduled to be paid on June 27, 2014. Shareholders who purchased ARR stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that ARR has paid the same dividend. At the current stock price of $4.41, the dividend yield is 13.61%.
The previous trading day's last sale of ARR was $4.41, representing a -11.62% decrease from the 52 week high of $4.99 and a 21.15% increase over the 52 week low of $3.64.
ARR is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). ARR's current earnings per share, an indicator of a company's profitability, is -$.89. Zacks Investment Research reports ARR's forecasted earnings growth in 2014 as -47%, compared to an industry average of 2.6%.
For more information on the declaration, record and payment dates, visit the ARR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to ARR through an Exchange Traded Fund [ETF]?
The following ETF(s) have ARR as a top-10 holding:
- First Trust Exchange-Traded Fund VI Multi-Asset Diversified In ( MDIV ).
The top-performing ETF of this group is MDIV with an increase of 5.89% over the last 100 days. It also has the highest percent weighting of ARR at 1.55%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
