“`html
On Tuesday, ARMOUR Residential REIT Inc. (Symbol: ARR) was yielding above 17% based on its monthly dividend, which is annualized to $2.88. The stock traded as low as $16.79 on the day. This high yield is noteworthy as dividends historically contribute significantly to total stock market returns.
For context, if an investor purchased shares of the iShares Russell 3000 ETF (IWV) on May 31, 2000, paying $78.27 per share, the value would have decreased to $77.79 by May 31, 2012. However, collected dividends of $10.77 per share would result in an overall return of 13.15%, highlighting the attractiveness of yields like that of ARMOUR’s if sustainable.
“`
