Seeking Alpha

  ARMOUR Residential REIT, Inc. - NYSE

11/20/2014, 6:25 PM ET
  • DIPENTIMA9 | Send Message 30 Jan 2013

    I've had $ARR DRIP 500 shares I bought @ $7. My div return has reduced my basis to $6,10 over 10 mths. A great compound. ($440 in divs ).
    Reply (2)
    • Overanalytical | Send Message 30 Jan 2013
      : Ok well the prospectus said the grant partial share dividends with no fees (except when you sell) and the even send you a free certificate
    • Overanalytical | Send Message 30 Jan 2013
      : Wanted to make sure it wasn't too good to be true and I was falling into a trap, alright I'll definately give it more thought then, thanks.
      ARR vs. ETF Alternatives
      Company Description
      ARMOUR Residential REIT Inc invests in and manages a leveraged portfolio of residential mortgage backed securities. The Company is externally managed by ARMOUR Residential Management LLC, pursuant to a management agreement.
      Sector: Financial
      Country: United States