Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Talking about buying back shares, that's a good thing. I bought in at $13.00 early November. Looks ok right now, but let's wait and see. Most anaylsts say to hold long.
It's about time........ I was wondering about that
Hopefully it will keep goin up.
That is what they stated in the PR about wanting the price to increase when they did the RS
Most of these aren't investments. They are becoming like the Pinks. Wash-Rinse-Repeat. $MFA and $NYMT did splits, now they are slowly walking the dividend down to where it was pre-split.
How is the reverse split going to affect the stock price? Are we going to sell off after the split?
1 for 5 reverse split keeping the divy at .40 cents September 29th
We’ll see
This is near its ATL . The inherent risk is reduced. As long as they keep the monthly divi around .07-.08 per month, they will be just fine.
Yes, FIDELITY shows the next DIVI to be $0.08
Which is why the PPS dropped.
GLTU
GO4AWILDRIDE
I heard it cut down a dividend to $0.08 a month now
Latest DIVI announcement did not include the EX-DATE.
Went to the company site and found the following info:
Ex-Dividend Date: 2/14/2023
Record Date: 2/15/2023
Pay Date: 2/27/2023
Amount: 0.1000
GO4AWILDRIDE
Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Armour Residential REIT is rated Zacks Rank #2 (Buy).
[color=red]Good 4 you. I will b doing the same ... Great Dividends !!!![/color]
[color=red]Good 4 you. I will b doing the same ... Great Dividends !!!![/color]
Hi pappi, lonely site here! I’m thinking-
Interest rates are expected to go up which is spooking everyone away from this?
I also have been adding more on the decline.
My guess is divvy is stable at .10 cents?
If that goes down look out below! Or if they cancel the monthly, or something like that?
I think this is a little under value and will adjust to those higher rates and level out and head higher?
Also I heard they are selling and diluting shares in?
This one to me seems a little risky, but I have been long term anyway.
There are a few others I trust much more and have been good to me.
This one really not the best I think, but yes I have been adding also..
Anyone out there beginning to think this might be a bottom bargain? I'm already in it and letting the DRIP process lower average cost per share while growing a share count base. But I'm thinking this might be worth additional contributions due to LT upside potential.
- Not a post in a year! Wow.
p
ARMOUR Residential REIT, Inc. Announces Resumption of Monthly Common Dividends With June Dividend of $0.09 per Common Share
ARR also rebalanced the balance sheet. They went from a leverage ratio of 9 to 1 in the last couple of months. New book value is 11ish. A lot safer now
With Covid-19 ARR has MBS which makes this very safe.
Down 3/4's now, but it will come back in afew month's when all is better. Dividend's r still coming in & i am buying more as i can afford.
I've been watching this for a while - may I ask, with the share price down where it is now, and your experience owning this, how do.you feel about the future of ARR? Thank you for your time.
[bHave owned this stock 4 YEARS, so i do like the dividends... I liked the 21 cents dividends MUCH better ...
7 months of collecting dividends (.17 a month), not sure what the problem is
You think ... It's only been 7 months ...
ARR recovered well from the dividend drop
What's with the DIVIDEND DROP ????? Anybody have any info ....
BRK isn't JUST a sort of index fund. Consider its very profitable 2008 investment in Bank of America and its current $10 billion investment in Occidental preferreds to finance the buyout of Anadarko Petroleum.
Buffett can deliver enormous cash almost instantly... and on a handshake after a day or two of diligence. No one can act faster than BRK. That's one reason I own index funds and BRK.
https://seekingalpha.com/article/4259016-buffett-back-bang-analyzing-occidental-preferred-deal-means-brk-holders
If you treat the markets like you're in a casino, then the markets will treat you like you're in a casino - You'll get bad odds.
https://www.cnbc.com/2019/04/25/buffett-says-investors-would-be-served-equally-well-by-sp-or-berkshire.html
"Dividend growth with a low yield. That's the secret sauce. And it's just about the opposite of the recipe most REITs seem to follow."
Worked for me for years, Porgie. Several of my moderate-yielding blue chips have smashed thru their highs lately... while upping their payouts... once again.
Just ran the numbers with that calculator on my three Dow component stocks over a ten year period.
- Travelers Insurance: $33,747
- MMM: $40,435
- Boeing: $53,618
SPY: $24,139 (The Dow 30 index)
ARR: $12,178 (to keep things honest for IHUB)
Bizarre how some players argue that ultra high yield stocks like ARR are great investments.
I almost wore out that calculator when I found it recently. Its results are sometimes surprising, and perhaps misleading, especially where a stock was unusually low (or high) exactly ten years ago. But I love how it figures-in splits and reinvested dividends, and comes up with the ten year performance based on a $10,000 investment. Ten years is about my investing horizon.
My activity on the ARR board proved to be remarkably beneficial to me. Like you, I decided that "market rate div payers" were the way to go, and that anything paying in the double digits was a sucker bet.
One of my sensible div payers was a little 100 year old airplane startup called Boeing. Paid a solid 3% with a bit of room for appreciation.
BA was the #1 Dow 30 stock in 2017 and it's going up faster than ever in '18.
Only problem is it sells for $335 a share and all IHUBner know that only pennies rise much. LOLOLOLOLOL! BTW, did you notice that the Dow beat the S&P in '17. That was mainly because of BA's heavy weighting in the Dow. 2017 was a fantastic year for my kind of buy/hold blue chips.
Very interesting calculator. Back when we were all arguing about ARR being a wise investment or not I remember coming across a white paper where the author was making a case for high yield being a value trap. His math was so compelling it convinced me at that time.
Just for a lark, I took that calculator and plugged in the top 5 yielding stocks on the Dow 30 (VZ, PFE, IBM, XOM, and MRK). They produced an average annualized performance of 6% which is not terribly shabby. Or maybe it is considering the bull market of the last ten years?
Then I plugged in the bottom 5 Dow yields (AXP, UNH, NKE, GS, and V). They produced an average annualized performance of 14.4%.
Dividend growth with a low yield. That's the secret sauce. And it's just about the opposite of the recipe most REITs seem to follow.
Really thrilled that I passed on ARR years ago. $10,000 invested in ARR ten years ago would have become $12,178, or an average annual return of 1.99% according to this nice calculator: Virtually everything else did better.
https://www.stocksplithistory.com/?symbol=arr
After almost buying ARR I quickly decided that whole sector wasn't for me, ... or for most investors.
we may see more of a drop on friday...I hope so ...I have been in this for years and years...love the div...waiting to grab more
I want to see 24.85 by the end of the Day
Keep cashing it better divy percentage!!!
mREITs are really hard to understand with all the leverage and forces that affect them. We all know how successful the smartest economists have been in predicting interest rates. How can anyone also predict the yield curve, credit quality, governmental action, market fads and prepayment trends?
There are some brainy analysts on SA who specialize in mREITs and spew out brilliant sounding articles. But in the end their success seems pretty random to me. Same thing with other "alphabet stocks" (BDCs, REITs).
I've gotten interested in BDCs lately and they may be even more inscrutable, although without the high leverage.
Two certainties about these: Given a high enough yield, IHUBers will flock. And one can expect meltdowns in each category every decade or two. I too thought about buying ARR three years ago... and came to my senses!
I haven't looked at ARR in a long time. Is the expectation of rising rates helping to stabilize the share price?
Nah, Seeking Alpha is not one of my regular resources. There are some pretty smart people write there though.
ARR has finally stopped crashing and has leveled off, but they did that by slashing the dividend to about half the 2013 level.
Flashy dividends really attract "player" types. Notice how quiet this board is now with the lower dividend.
Porgie, are you on SA? I've noticed that just about any article that mentions an ultra high dividend stock get huge readership. Something like "This 18% Yield REIT is Set to Rise."
I wonder if the SEC came down on the common practice of displaying unsustainably high dividends which amounts to a scam against the elderly and retirees.
CXW pays a quarterly div...right now it equates to a 13.7% yield...quite a nice find there. I will add it to my watch list and do some DD on it. another thing to check...is where the current SP is in the last year...the summary page shows you the 52 week high/low for any given stock...and you can match that to the graph for the appropriate time frame by selecting a week...month...year...which ever you want to see.
gives you a bit more info to DD...is the stock at the bottom...why...is it at the top...maybe it's not a good time to buy...maybe you find some info that helps you understand why its low or high...merger...buyout...expansion...signed a big contract...maybe they are going bust...all things to research.
thats why you check the div payout for a few years back....to see the div trend...do they pay monthly...quarterly....is it a one time div....there are some stocks that pay a div yearly or at 6 months.
Take a look at CIM (chimera investment corp )
I have owned this stock for quite a few years. they have paid a special dividend ( couple of times) not too long ago...check the last 3 years of divs....you will see the trend of how much they pay, and WHEN they pay. you should easily be able to see which was the "special" div they paid out, and that they pay a quarterly div.