High-Yield Stock Trading Below Book Value at 17.37%

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ARMOUR Residential REIT Inc. (Symbol: ARR) has been recognized as a Top 10 Real Estate Investment Trust (REIT) in a recent DividendRank report by Dividend Channel. The report highlighted ARR’s current share price of $16.58, which corresponds to a price-to-book ratio of 0.8 and an annual dividend yield of 17.37%. In comparison, the average stock in their coverage universe yields 4.1% and has a price-to-book ratio of 2.6.

Currently, ARMOUR Residential REIT Inc. pays an annualized dividend of $2.88 per share, distributed monthly, with the next ex-dividend date set for July 15, 2025. The company’s strong dividend history was emphasized as a significant factor for investors considering dividend sustainability.

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