ARMOUR Residential REIT Inc (ARR)

[SilverNick]

Thanks! That link was amazing! I have one last question. How do you tell if a stock is a one time dividend, or it pays monthly like ARR? I founds CXW, and it's coming up for a dividend. Any idea?

[Dallas66]

go to this link

https://screener.finance.yahoo.com/stocks.html

leave everything as "any"...the only thing you want to change is the "Share Data" for "Dividend yield".....change it to 10%. Scroll to the bottom and click "Find Stocks". Then when the new page opens...click the Div/Yld tab in the middle...it will sort by high to low...or low to high for the div %.

then on the right side, you can go look at that particular stock....or just use two browsers and load the ticker in the second browser for whatever finacial website you use. I use yahoo because I know it so well for searching the relevant info I want.

if you click the "quote" link to the right...it takes you to yahoo finance and displays the data. It will give you the basic info and also shows the Div/yield and the amount of the div based on one year.

click on the "historical data" tab and set a date range for at least a couple years...then under "historical prices" select divs only...it will show you the payouts over whatever timeframe you set. I use this to quantify the actual div vs what the main quote page shows....typically it is quite different.

a lot of times you will see a stock saying it pays say 3 bucks at a yield of 25%...but when you go look at the historical div payout, you will find it paid a onetime special div...( which might be once every 5 years...or less often)...and then the "normal" div payout either monthly or quarterly is 30 cents and at 2.5%. I ALWAYS check the div payout over the past 3 years or longer to see how consistent they are....checking the trend of the div is quite important.

some stocks pay monthly...most pay quarterly...so I always manually add up the last few years of actual "normal" divs to verify the div/yield value.

take the last 12 months of divs...add them up...divide by the current SP...that gives you the yield %.

example

div is .15 cents paid monthly...SP is $20.00.

.15 x 12 = 1.8...thats $1.80 per year in divs.

$1.80 divided by SP of $20.00 = .09....that equates to 9% annual yield for that one year.

I do a lot of paper trading...I find a stock I'm interested in...graph it in excel...and do some research....a lot of times I choose not to invest...some I do. Research is FREE...ya just have to dig for stuff...and as you learn...you find places to go for info...the message boards will give you a lot of good insight on stocks to check. never invest based on what someone says on a message board...rather use that info to run some DD and make that decision for yourself...if your comfortable...go for it.

this stuff above just scratches the surface...as I said earlier...been doing this over 40 years, and still have a lot to learn.

[Dallas66]

yup...I use it on occasion as well...has some good tools to use.

[greenman100]

I use this site for divy plays -thanks goes to lowtrade

https://www.dividendinvestor.com/

[SilverNick]

Excellent, I'm having a hard time locating dividend stocks.

[Dallas66]

yup...I will give you a link and some info on how I search...and some of the things to watch out for. I will post it later today...so you can check things out.

[Dallas66]

something to think about...I don't personally do this, but I know people that do.

as you said...buy/sell right around the ex-div date. a lot of stocks will surge at that time...and a lot will also drop more than the div right after...so SOME people work the numbers to see what the highest % of profit would be by buying/selling with or without the div in their pocket. I don't have the patience to work that stuff out....I'm lazy for the most part and just want to pocket a nice div for retirement.

[SilverNick]

Do you have a recommendation on how to find stocks that have the highest divys?

[SilverNick]

I read this three times. It fully explained everything to me. You have been so kind to me and explained so much. Now I understand some of the common strategies. One can buy a stock maybe a week before the ex divy date and sell at a nice premium the day before the ex divy date, since the stock rises. They can also hold and sell the morning of the ex divy date, at perhaps a decent profit if he sell fast enough, and also receive the divy.

[Dallas66]

Not a problem...everyone has to start at the beginning to learn.

T+3
Informal for a settlement date that occurs three trading days after the trade date. Different types of transactions settle on different days, but stock trades usually settle on T+3.

The ex-dividend date, also known as the reinvestment date, is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held. If a sale is before this date, the dividend belongs to the new owner; if on or after the date, the seller is entitled to the dividend.

If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.

In the United States, the Securities and Exchange Commission stipulates that there are three days of settlement for stock trades.[3] The ex-dividend date is normally two business days (3 minus 1) before the record date. For the purpose of calculating an ex-dividend date, business days are days on which both the major stock exchanges and the banks in New York State are open.[4] Thus Columbus Day and Veterans Day are trading days, but not business days for calculating an ex-dividend date, since they are legal holidays and banks are not open.

If the record date is not a business day, then counting begins from the most recent business day instead of the actual record date.[5] For instance, if the record date is Sunday, then the ex-dividend date is the preceding Wednesday, not Thursday — assuming no intervening holidays.

The ex-dividend date is two business days prior to the record date. To be a stockholder on the record date an investor must purchase the stock before the ex-dividend date. The latest date he can buy the stock to be a stockholder on record and be entitled to the dividend would be one day prior to the ex-dividend date (this includes extended hours (pre-market and after-hours) of that day) to allow for the three stock trading day settlement of the stock purchase. If the investor purchases the stock the day before the ex-dividend date the investor would be a stockholder on the record date and would be entitled to receive the dividend payment.[6]

An investor who wishes to be entitled to the dividend does not have to wait until after the record date to sell the stock; however, the investor must hold the stock until the ex-dividend date. If the investor were to sell the stock on the ex-dividend date or afterwards, the investor would still be entitled to the dividend payment. In this example, assuming that the investor purchased the stock one day before the ex-dividend date, the investor would be a stockholder on the record date. If the investor sells the stock on the ex-dividend date, the buyer of the stock would be a stockholder one day after the record date given the three stock business trading day settlement. The person that bought the stock would not be entitled to receive the dividend.

An investor only needs to own the stock for one day (the record date) to be entitled to receive the dividend payment. If the investor buys before the ex-dividend date, and sells on the ex-dividend date or after, the investor will receive the dividend payment.

[SilverNick]

I'm sorry I'm new to divy stocks. I k is ex div date means that you have o be holding it at the end of the trading day. Does t+3 mean plus 3 trading days? Meaning that if someone bought today and held till Monday morning they would get the dividend.

[Dallas66]

Sept.13 is the ex-div date. go to yahoo finance...look up ARR...then click the statistics tab...down on the lower center column... it will tell you all the info about the div.

keep in mind T+3...and the EX-div date is NOT the same as the pay date.

[SilverNick]

What is the date of record to get divys on ARR?

[SilverNick]

Can someone tell me what the date is to be holding to get a divy?

[Dallas66]

I've been investing for a little over 40 years now...but there is always more to learn...lol

I do the exact same thing with stocks...I never jump in 100%...always dollar cost average...gives you time to DD and learn more...and possibly find a few other stocks to watch as well.

[SilverNick]

You seem like you have some good experience. I'm going to buy into ARR in blocks of $1,000, so as to not do something crazy.

[Dallas66]

you are not alone my friend. 99% of the people that play penny and sub penny stocks lose...I have myself...still have several sub penny stocks that remind me of my younger aggressive (and ignorant) days in the market...lol. some things to think about...learn some investing rules...rules that cater to YOU. they don't all apply to everyone...it depends on your goals...risk/reward willingness...and amount of money you have to play with. I use a few simple rules for my long term div stocks. keep in mind that there is, and will always be someone out there that absolutely HATES the stocks you might like. They will have nothing good to say about it...and on the flip side...you have those that love the same ones. I always follow up what anyone says with my own DD to satisfy myself. I always try to include links to the info I post as a credibility factor. Anyone can post garbage and opinions...

Learn the rule of 72...and the rule of 115. I use them for projecting my div stock values years out.

when picking a div stock...especially one that has a high yield...say above 7%...check how they have paid divs over the last 2-3 -5 years....have they been consistant...were some of the dives "special" one time payouts.

compare to see how their SP/div has moved over that same timeframe.

look at management..do they appear to be competent and growing the company.....all this info is free on the web. I use yahoo finance and quotemedia.com to do a lot of simple DD...I also read Ihub boards to find info to further research and DD...there are a ton of good DD sites...so use what you feel comfortable with. Read SEC filings on the companies as well...as you get more involved...you will get more involved. You learn how to DD a company fairly quickly and make a decision to buy...walk away...or continue to DD that stock.I NEVER take for granted what is posted on a message board. I ALWAYS DD any info I find interesting.
things to remember.

1. PATIENCE and GREED are the most difficult parts of investing...too much...too little...thats why you DD stocks....helps to control your impulses.

1. NO ONE invests in the stock market with the intent to lose money...just doesn't happen.

2. NO ONE other than yourself really gives a crap if YOU make money in the market. It's nice to see someone make money...but it does nothing for YOUR pocket book.

3. DD is relevant to a person as it fits within their personal comfort zone for investing. Just because a company is doing well, doesn't mean it's a good investment for everyone.

[SilverNick]

I'm 31, and have lost a small fortune maybe $25k over my 5 years playing the market with stupid, penny, sub penny stocks. I'm now ready to get into divy stocks, 15% a year sounds great compared to 50% loss every week.

[Dallas66]

too many people try to time the market...and you just can't do it. It isn't possible to predict what millions of other investors are thinking. I typically graph a stock in excel and watch it for a while to see how it trends...add a few notes here and there on the up/down blips...then continue my DD until I feel comfortable with a buy/no buy decision for that stock....at that point, SP isn't that big of a concern if I am happy with the stock and where it appears to be heading. I am a big proponent of dividends...been in this stock and many other div stocks for a lot of years...they don't typically appreciate in SP value as quickly as a lot of other stocks...but on the flip side...they don't tank as quickly either. they just keep plugging along paying me that 10% - 12% - 14% div every month/quarter.

[SilverNick]

Exactly! I noticed all my stocks went down a bit.

[Dallas66]

you might want to wait a few days...to see how the market continues to react to the possibility of a rate hike....I'm sure you noticed how the market got hammered friday...it could carry on a few more days. I have some nickels waiting in the wings to invest, but with so many idiots dumping and running at the moment...it may be prudent to wait a week or so to see some stability return. AND...ya just might get in a few % cheaper.just something to consider.

[SilverNick]

I'm going to buy some

[Dallas66]

they REDUCED the number of shares with the reverse split. Logic is...they want to look more attractive to institutional investors to hopefully get big investors that will stabilize the SP and portray themselves as a solid investment....the more money big deep pockets have in a company...the better the company looks for the most part. Also...the less shares in the float...the bigger the div...as long as they continue to make money...in theory.

[SilverNick]

I wonder if that's good or bad. Can they just create more shares and dilute the price?

[mokew]

Yea an 8 to ! split.

[SilverNick]

Last I saw ARR is was at like $4. Did they do a reverse split!

[Dallas66]

Armour Residential REIT posts 2Q profit
[Associated Press]
August 2, 2016

VERO BEACH, Fla. (AP) _ Armour Residential REIT Inc. (ARR) on Tuesday reported second-quarter earnings of $21.2 million.

On a per-share basis, the Vero Beach, Florida-based company said it had profit of 47 cents. Earnings, adjusted for non-recurring costs, were 63 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.

The real estate investment trust posted revenue of $46.9 million in the period.

Armour Residential REIT shares have dropped slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $21.69, a fall of slightly more than 5 percent in the last 12 months.

[Telecomjeff]

How much more are they going to be CUTTING the DIVIDEND. I've owned this stock 4 along time & the dividend just keeps dropping, dropping & dropping ....... I keep buying more just to make up 4 the lost money, but it's got to change soon or i might just get out all together.

[Dallas66]

ARMOUR Residential REIT, Inc. Announces April 2016 Dividend Rate Per Common Share and Confirms Q2 2016 Monthly Dividend Rates Per Preferred Share
Company Release - 04/04/2016 05:55

VERO BEACH, Florida, April 04, 2016 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) (“ARMOUR” or the “Company”) today announced the April 2016 cash dividend rate of $0.27 per share for the Company’s Common Stock. The reduction from the previous $0.33 per share monthly dividend rate is consistent with management’s comments on the Company’s February 19, 2016, earnings conference call. A replay of the earnings conference call is available on ARMOUR’s website at http://www.armourreit.com for one year from the date of the earnings conference call. The Company also confirmed the Q2 2016 monthly cash dividend rates for the Company’s Series A and Series B Preferred Stock.

[honey/pot]

They are only giving month to month guidance about their dividend which leads me to believe that a dividend cut is coming.

[honey/pot]

.33 cents per share a month, thats a heck of a lot more than some blue chips pay

[mokew]

The chart just broke 1st resistance.

[catdaddyrt]

yes stay away from this pig it was not worth 3 bucks no it's 21 and going to fall like a rock from an airplane

[Telecomjeff]

Stock price = DOWN. DOWN, DOWN ........

[Dallas66]

they haven't done away with the div....they actually increased it a tiny bit.

[Telecomjeff]

What's with this stock !!! Have owned this stock 4 many years & the dividend just keep going down, Plus stock price has tanked. Now they do this reverse stock split & do away with the dividends. Does anyone have any other info ??

[bar1080]

Citi and AIG reverse split during the worst days of The Great Recession when their NYSE listings (and very existence) were in jeopardy. The key ingredient in their recent success was that their business and the stock market turned about after the gloom of 2009.

You can't compare CITI/AIG with the reason pennies RS... to continue printing shares. With ARR the low price was probably because it paid excessively high dividends, used way too much leverage and seems to be poorly managed. ARR ain't CITI!

"Citi and AIG both did R/S's a few years ago and are doing just fine."

[mokew]

See post #2459 ...is just my opinion but most keep the downward slide.

[norecoil]

Every reverse split I've been in was a killer. Ideas if this will be different? Buy, sell or hold? Asking opinions.

[Easy Money]

Slight increase in Dividend R/S should be ok!
Maybe some more drop after split but slight increase in dividend makes this a for sure long term hold, I think.
Possible slick move would be to sell before R/S and avoid any possible broker re organizing costs then get back in on a fresh drop post split.
That would be a risky move and just may not happen, then you lock in losses as you chase to get back in.
I think rising interest rates will be good for this stock?

[IL Padrino]

Only in penny stocks. Citi and AIG both did R/S's a few years ago and are doing just fine.

I sold out anyway to use the cash to buy O. But not because of this news.

[Dallas66]

it usually is....in this case, like with CIM...it may be for the better on down the road. CIM took a bit of a drop after the RS a couple months ago and is now starting to recover. ARR management is not thought of as a stellar group, so we shall see how it works out.

[mokew]

A Reverse Stock Split is a kiss of death!
JMHO

[Dallas66]

ARMOUR Residential REIT, Inc. Announces Expected Increased Common Stock Dividends in Q3 2015; Reverse Stock Split
ARMOUR Residential REIT, Inc.
6 hours ago
GlobeNewswire


VERO BEACH, Fla., June 18, 2015 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" or the "Company") today announced that it expects to increase common stock dividends in Q3 2015 and that its Board of Directors has approved a reverse stock split of ARMOUR's outstanding shares of common stock at a ratio of one-for-eight.

One-for-Eight Reverse Stock Split

The reverse stock split is scheduled to take effect at about 5:00 p.m. Eastern Time on July 31, 2015 (the "Effective Time"). At the Effective Time, every eight issued and outstanding shares of common stock of the Company will be converted into one share of common stock of the Company. In addition, at the Effective Time, the number of authorized shares of common stock will also be reduced on a one-for-eight basis. The par value of each share of common stock will remain unchanged. Trading in ARMOUR's common stock on a split adjusted basis is expected to begin at the market open on August 3, 2015. ARMOUR's common stock will continue trading on the NYSE under the symbol "ARR" but will be assigned a new CUSIP number. The Company believes that existing stockholders will benefit from the ability to attract a broader range of investors as a result of the reverse stock split and a higher per share stock price. In this regard, the Company notes that the average book value of ARMOUR's common stock over the last five trading sessions was approximately $4.00 per share, which is approximately 28% above last night's closing price of $2.87.

As a result of the reverse stock split, the number of outstanding shares of ARMOUR's common stock will be reduced from approximately 350,000,000 to approximately 43,750,000. Concurrently, the authorized number of shares of common stock will be reduced from 1,000,000,000 to 125,000,000.

No fractional shares will be issued in connection with the reverse stock split. Instead, each stockholder holding fractional shares will be entitled to receive, in lieu of such fractional shares, cash in an amount determined on the basis of the average closing price of ARMOUR's common stock on the NYSE for the three consecutive trading days ending on July 31, 2015. The reverse stock split will apply to all of ARMOUR's authorized and outstanding shares of common stock as of the Effective Time. Stockholders of record will be receiving information from Continental Stock Transfer & Trust Company, ARMOUR's transfer agent, regarding their stock ownership following the reverse stock split and cash in lieu of fractional share payments, if applicable. Stockholders who hold their shares in brokerage accounts or "street name" are not required to take any action in connection with the reverse stock split.

Q3 2015 Common Stock Dividends

The Board of Directors of ARMOUR today announced the Company's expected third quarter 2015 cash dividend rates per common share as set forth below.
Month Dividend Holder of Record Date Payment Date
July 2015 $0.04 July 15, 2015 July 27, 2015
August 2015 $0.33 August 17, 2015 August 27, 2015
September 2015 $0.33 September 15, 2015 September 28, 2015

The expected July 2015 dividend rate of $0.04 per common share, which is the same as the Q2 2015 dividend rate, does not reflect the effect of the reverse stock split and would be equivalent to $0.32 per common share on a basis reflecting the one-for-eight reverse stock split. After the completion of the reverse stock split on July 31, 2015, ARMOUR's August 2015 and September 2015 dividend rates are expected to be set at $0.33 per share. As a result, the aggregate dividends per common share that ARMOUR expects to pay in Q3 2015 is an increase over the aggregate dividends per common share that the Company paid in Q2 2015.

[bar1080]

"MortgageREITs: Shockingly High Price for High Dividends"

"A historical look at mREITs
Mark Twain once said, "History does not repeat itself, but it does rhyme."
Mortgage REIT investors need to know how difficult it really is to buy, and hold, an mREIT over a long period of time.

Suppose you invested $1,000 in mREITs when they first came to market in 1970. What would your investment be worth today? You're not sure? Guess. Just throw out a number. When I tell you the answer, you're probably going to be in disbelief. I was.

The answer is $56.90. Yes"

http://www.fool.com/investing/general/2014/01/25/mortgage-reits-the-shockingly-high-price-for-high.aspx

[catdaddyrt]

lmao- true

[GMONEY4]

Under $3. Looking to grab a starter soon.

[Evansja]

Right along with my NLY, both set new 52 week lows this week. Ouch

[GMONEY4]

New 52 week low.

[justin663]

what happens to this one if rates rise?
has rate hike been factored into price or does she tank even more?
ARR