Armour Residential (ARR) gains 0.9% AH after announcing monthly distributions of $0.08 for each...

|By:, SA News Editor

Armour Residential (ARR) gains 0.9% AH after announcing monthly distributions of $0.08 for each of the next 3 months, down from $0.09 last quarter. The board also authorizes up to $100M in stock repurchases, about 5% of the float.