ARMOUR Residential REIT's Series A Preferred Stock Shares Cross 9% Yield Mark
June 23, 2015 at 14:09 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 9% mark based on its monthly dividend (annualized to $2.0625), with shares changing hands as low as $22.90 on the day.
