ARMOUR Residential REIT (NYSE:ARR) Declares Monthly Dividend Payouts for Common and Preferred Holders
ARMOUR Residential REIT (NYSE:ARR) recently confirmed dividends for both its common and preferred stocks, offering $0.24 and $0.15 per share, respectively, due in July 2025. Over the past month, the stock saw a price increase of approximately 3%. This movement comes amid broader market trends, where indices such as the S&P 500 and Nasdaq saw fluctuations but remain up over the past year. While the company's dividend announcements provided stability, its removal from multiple indices and addition to defensive ones align with market adjustments, potentially influencing investor perception amidst fluctuating trade talks and macroeconomic developments.
ARMOUR Residential REIT's total shareholder return, inclusive of share price and dividends, was 0.75% over the past year. This performance trails both the broader US Market, which achieved a return of 13.9%, and the US Mortgage REITs industry, which experienced a 3.9% decline. The company's removal from major indices and addition to defensive ones may influence investor perception, affecting its long-term revenue and earnings forecasts. Despite a recent share price increase of approximately 3% in the past month, ARMOUR's current performance relative to a consensus analyst price target of US$16.67 suggests a close alignment with its present valuation.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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