ARMOUR Residential REIT's Series A Preferred Stock Shares Cross 8.5% Yield Mark
October 14, 2014 at 14:06 PM EDT
In trading on Tuesday, shares of ARMOUR Residential REIT Inc.'s 8.250% Series A Cumulative Redeemable Preferred Stock (ARR. RA) were yielding above the 8.5% mark based on its monthly dividend (annualized to $2.0625), with shares changing hands as low as $24.17 on the day.