ARMOUR Residential REIT Inc (ARR)

[10times7]

True ARR has reduced its dividend amount by at minimum of 50% in the past couple of years. Its a 4.00 stock paying a nickel every month opposed to a 12.00 stock paying 15 cents each quarter. I use dividend detective as a avenue to find companies that pay high yeilds. In keeping with real estate JMI is a company you should consider. Much like ARR JMI pays a monthly dividend of .15 cents while trading around 11-12.00. Look into KCAP too, ex-date is tomorrow