Armour Residential REIT cuts monthly dividend by 20%
Armour Residential REIT will lower its monthly dividend from $0.05 to $0.04 per share.
The company has lowered its dividend seven times since 2010, when the first payment was made. Last year the payment was cut from $0.07 to $0.05 per month.
The company has lowered its dividend seven times since 2010, when the first payment was made. Last year the payment was cut from $0.07 to $0.05 per month.