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Armour -4% after cutting dividend

Dec. 23, 2014 7:24 AM ETARMOUR Residential REIT, Inc. (ARR) StockBy: Stephen Alpher, SA News Editor5 Comments
  • Armour Residential (NYSE:ARR) cuts its monthly payout by 20% - from $0.05 per share to $0.04. The annualized yield based on last night's close is 12.7%.
  • Source: Press Release
  • Shares -4% premarket to $3.63.

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