ARMOUR Residential REIT (ARR) Prices 55M Shares Offering
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Price: $16.87 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 17.3%
Revenue Growth %: +65.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 17.3%
Revenue Growth %: +65.1%
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ARMOUR Residential REIT, Inc. (NYSE: ARR) priced an underwritten public offering of 55,000,000 shares of common stock. ARMOUR has granted the underwriters a 30-day option to purchase up to 8,250,000 additional shares of common stock. The price was not disclosed.
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