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ARMOUR Residential REIT (NYSE:ARR) invests in residential mortgage-backed securities (MBS) in the United States. Its securities portfolio primarily consists of securities issued or guaranteed by United States Government-sponsored entities (GSEs) and the Government National Mortgage Association, backed by fixed-rate, hybrid adjustable-rate and adjustable-rate home loans; unsecured notes and bonds issued by the GSEs and U.S. treasuries, as well as money market instruments.

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The 52-week range of ARMOUR Residential REIT's stock price was $15.88 to $21.93.

The ARMOUR Residential REIT dividend yield is 15.5%. During the last 12 months, it paid $2.88 per share in dividends.

The Latest On ARMOUR Residential REIT

On Oct. 23, the company announced its Q3 2024 earnings, posting a GAAP EPS of $1.21 and a distributable EPS of $1.00, as reported by Benzinga.

The company reported an average interest income on interest-earning assets of 4.89% and an interest cost on average interest-bearing liabilities of 5.51%.

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How Can You Earn $100 Per Month As An ARMOUR Residential REIT Investor?

If you want to make $100 per month—$1,200 annually—from ARMOUR Residential REIT dividends, your investment value needs to be approximately $7,742, which is around 416 shares at $18.62 each.

Understanding the dividend yield calculations: When making an estimate, you need two key variables—the desired annual income ($1,200) and the dividend yield (15.5% in this case). So, $1,200 / 0.155 = $7,742 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the stock’s current price.

The dividend yield can change over time as a result of fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).