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ARMOUR Residential REIT (ARR) declares dividend of $0.07/share for the month of Apr., May, and...

ARMOUR Residential REIT (ARR) declares dividend of $0.07/share for the month of Apr., May, and June, 12.5% decrease from prior dividend of $0.08. Forward yield 12.4%. (PR)
Comments (5)
  • racerkeith
    , contributor
    Comments (41) | Send Message
     
    I've ridden this horse about as far as I can afford to. Anyone else seeing a trend here? Sell additional shares, cut the dividend.... Any suggestion on alternative investments for dividend income investors?

     

    Thanks
    13 Mar 2013, 04:57 PM Reply Like
  • davidjeastman
    , contributor
    Comment (1) | Send Message
     
    racerkeith,

     

    Check out http://www.dividend.com. Some solid principles to base your dividend investments on.
    14 Mar 2013, 12:02 PM Reply Like
  • User 240412
    , contributor
    Comment (1) | Send Message
     
    relax-where can you still get 12.5%. . I have 15,000 shares and am not worried. I feel this will go north after June dividend.
    14 Mar 2013, 04:54 AM Reply Like
  • nativespirit2000
    , contributor
    Comments (7) | Send Message
     
    I saw this coming last fall, follow the pysche. It was in the basic #'s anyways and was a fairly large shareholder of appx 20k. I dumped those share when the handwriting was on the wall. I cost averaged my base with a bit of profit plus all the divvys and got the hell out of that stock in Nov before they hammered everyone with the drop of 8cents. IT IS A PATTERN. If a person does a LITTLE DD, you will find a plethora of opportunities that are SOUND that pay as well with no near the risk of ARR. One of the highest leveraged mreits, but can't earn enough to pay the bills, does that make sense to keep your money with that accountant? Lesson learned for me, don't fall in love with any single investment or even for that matter even one investment sector. I know that monthly divvy is AWESOME, BUT - it is a lure to keep ppl on the bandwagon. I loved it too, but robbing peter to pay paul is a ponzi scheme.
    15 Mar 2013, 05:08 AM Reply Like
  • wamccorm
    , contributor
    Comment (1) | Send Message
     
    I agree I have had enough, div now down to .05 cents.
    18 Sep 2013, 11:25 PM Reply Like
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