ARMOUR Residential REIT's Series B Preferred Stock Shares Cross 8.5% Yield Mark
May 12, 2015 at 15:17 PM EDT
In trading on Tuesday, shares of ARMOUR Residential REIT Inc.'s 7.875% Series B Cumulative Redeemable Preferred Stock (ARR. RB) were yielding above the 8.5% mark based on its monthly dividend (annualized to $1.9688), with shares changing hands as low as $22.05 on the day.
