ARMOUR Residential REIT's Series C Preferred Stock Shares Cross 8% Yield Mark
August 02, 2024 at 17:57 PM EDT
In trading on Friday, shares of ARMOUR Residential REIT Inc.'s 7.00% Series C Cumulative Redeemable Preferred Stock (ARR. RC) were yielding above the 8% mark based on its monthly dividend (annualized to $1.75), with shares changing hands as low as $21.65 on the day.
