ARMOUR Residential REIT's Series B Preferred Stock Shares Cross 8% Yield Mark
August 12, 2014 at 14:34 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% mark based on its monthly dividend (annualized to $1.9688), with shares changing hands as low as $24.48 on the day.