ARMOUR Residential REIT's Series A Preferred Stock Yield Pushes Past 8.5%
March 16, 2015 at 14:10 PM EDT
In trading on Monday, 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 $24.21 on the day.