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Armour Residential REIT (ARR) declares $0.08/share monthly dividend, 11.1% decrease from prior...

Armour Residential REIT (ARR) declares $0.08/share monthly dividend, 11.1% decrease from prior dividend of $0.09. Forward yield 14.5%. Shares +0.9% AH. (PR)
Comments (14)
  • Spiker6
    , contributor
    Comments (7) | Send Message
     
    I can't say that this dividend decrease was unexpected. We all know that the spreads are getting smaller, and will probably do so for the next several years. That said, a yield of 14.5% is still pretty good. Not many other places where you can get that kind of yield on an insured investment. I'm staying in and buying more.
    17 Dec 2012, 04:40 PM Reply Like
  • GeoCT
    , contributor
    Comments (4) | Send Message
     
    When I look at what many others are paying, this one still works for my game plan. That may change in 2013 depending on how this mess all shakes out, but meantime, I'm in. I like the monthly contributions.
    17 Dec 2012, 04:56 PM Reply Like
  • DrPanek
    , contributor
    Comments (17) | Send Message
     
    All well and fine, but the more they decrease the dividend the lower the value and the lower the price of the stock! There are plenty of stocks that are increasing their dividends regularly. Many of which have a larger dividend! I am heavily invested in ARR, but am souring on it as I see the value shrink at about the pace the dividends shrink! For my money AGNC is about the best, and because of the Obamanation the price is currently depressed! If I hadn't taken such a heavy hit when that puppet was reelected (Despite all the analysts who swore the market would fly up once there was a decision made, no matter who was elected!), I would be piling on shares in hopes that after he stops the idiocy (which seems to be only getting himself rich, with a few other insiders!), the market will recover, at least somewhat, and AGNC should be one of the many to recover! I refuse to get into arguments about it, but it seems to me that Obama has made far more in the stock market, since he has become president, than he has made honestly (That is with his presidential salary!), and coincidentally it seems those related to the particular investments, he has made so much money with, have prospered from his decisions (Just a thought)! Has he actually kept any of his promises (Rhetorical)? I see we are still in "Bush's" war he promised to end early on! Reminiscent of "Daddy War-Bucks" EH! Capt. JP.
    17 Dec 2012, 05:50 PM Reply Like
  • biochemist
    , contributor
    Comments (354) | Send Message
     
    Hi Doc - we like to keep these discussion threads focused on financial matters rather than political ones. There are plenty of other discussion sites for you to go to to express your political opinions.
    17 Dec 2012, 06:41 PM Reply Like
  • workhorse@bps
    , contributor
    Comments (51) | Send Message
     
    well said biochemist.
    17 Dec 2012, 07:12 PM Reply Like
  • Martin Brenner
    , contributor
    Comments (169) | Send Message
     
    Hey horse, you and your newbie friend biochemist ought to read a few more of these "threads", they are plump full of political opinions. Because if you really think about it, politics and finance go hand in hand, like an old married couple.
    18 Dec 2012, 05:46 PM Reply Like
  • DrPanek
    , contributor
    Comments (17) | Send Message
     
    This was not, nor meant to be a political discussion/comment! It's cause and effect of the/his manipulations effecting the financial outcome(s)! No Matter what you read into it! Capt. JP.
    19 Dec 2012, 08:17 PM Reply Like
  • biochemist
    , contributor
    Comments (354) | Send Message
     
    I have read a lot of comments in many threads and agree that folks often opine on politics. I don't mind a political analysis as it relates to a financial analysis, but I do find political screeds at SA to be a bit annoying when they seem to be more about pontification or blowing off steam than about financial analysis. As I noted, if you have a need to state your case in terms of politics I believe that it is much better to do so in a politics forum rather than at SA.
    20 Dec 2012, 04:37 PM Reply Like
  • GonzoOne
    , contributor
    Comments (84) | Send Message
     
    My plan: Buy more. Even if they cut it in half the dividend would be excellent. AGNC and ARR are my longs in the mREIT sector.
    17 Dec 2012, 08:20 PM Reply Like
  • Kenneth Odean
    , contributor
    Comments (55) | Send Message
     
    I really appreciate hearing from others, especially on ARR. I am only down in price .36 cents, so that appears to be solid and long term. I can deal with the dividend rate, no problem. My account said, don't forget"pigs get slaughtered" .
    That said, I found myself in CLM and PHT on a bad judgement day. I am down 1.04 on my first buy and 1.60 a share on the other half. I hate to take the loss but am temped to do so and reinvest in AAPL and maybe have my loss back on one decent day. Also down 2.04 on PHT. These sre both closed end finds. I was trying not to be such a hog with my 5 REITS, so thought it would be better to be in these and sell my other REITS at almost a break even point.
    AGNC would be an ideal play to replace my PHT and would pay 6% more dividend. I have read several articles that show AGNC and MITT are both rated very highly.
    My best winner long term is Ally Bank - enter the ticker as: ALLYPB and it should work. I wish I had 20 more of these. Great year!
    Any comments on my CEF's are welcome.
    18 Dec 2012, 01:47 AM Reply Like
  • yisroal
    , contributor
    Comments (11) | Send Message
     
    We are all in the same boat with ARR, MTGE, AGNC etc. Since you mentioned Closed Ends Funds here are 3 very sustainable. DNP currently down a bit @ 9.31 with lots of upside. It pays a monthly dividend of .06 cents a share. I believe it will return to around 12 in the next few months. DUC is around 12.19 with a .07 cent monthly dividend and maybe a bit of upside but great stability. The third is FAM at 17.58 with around 9% monthly return. All three of these have been great dividend hogs with stability. Granted there is not growth but as ARR and others decrease the return rates and the price slides due to the return DUC, DNP and FAM start looking very good during this period of instability. All have returned good dividend over the years.
    18 Dec 2012, 03:01 AM Reply Like
  • DrPanek
    , contributor
    Comments (17) | Send Message
     
    Who is your Accountant Cramer? I think you may have gotten in a bit to high on some of your investments! Try limited offers a little closer to the lower end of the average. the market swings are so radical that I find 70% of my lower limited offers finally kick in! Capt. JP.
    19 Dec 2012, 08:27 PM Reply Like
  • edsel1961
    , contributor
    Comment (1) | Send Message
     
    Question is: is this the beginning of more decreases of the dividend next year? If this is it, I stay in.
    18 Dec 2012, 02:01 AM Reply Like
  • strider525
    , contributor
    Comment (1) | Send Message
     
    The only place I hold REITS is in my retirement accounts and, I reinvest the dividends so I am not that concerned at the moment. If I held them anywhere else I would probably take my losses and pay taxes on the dividends as ordinary income. I wouldn't like that very much, so I feel comfortable with compounding. Over time this seems to work best for me.
    18 Dec 2012, 09:18 AM Reply Like
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