Javelin Mortgage (JMI) declares monthly dividends of $0.23 for each of the next 3 months, the...

|About: Javelin Mortgage Investment (JMI)|By:, SA News Editor

Javelin Mortgage (JMI) declares monthly dividends of $0.23 for each of the next 3 months, the same as the firm's first two months of payouts. The annualized yield remains 14.9%. Javelin is a hybrid mREIT managed by the pure-agency Armour Residential (ARR). The stock is off 5.4% since its October IPO. (PR)