ARMOUR Residential REIT (ARR) Declares $0.27 Monthly Dividend; 15% Yield
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ARMOUR Residential REIT, Inc. Announces April 2016 Dividend Rate Per Common Share and Confirms Q2 2016 Monthly Dividend Rates Per Preferred Share
April 4, 2016 5:55 AM EDTVERO BEACH, Florida, April 04, 2016 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) (ARMOUR or the Company) today announced the April 2016 cash dividend rate of $0.27 per share for the Companys Common Stock. The reduction from the previous $0.33 per share monthly dividend rate is consistent with managements comments on the Companys February 19, 2016, earnings conference call. A replay of the earnings conference call is available on ARMOURs website at... More
