Monday, June 25, 2012

Armour Residential REIT

Have bought 500 shares of ARMOUR Residential REIT (ARR). ARR pays out US$0.10 per month in dividends. Its current share price is around US$7.00


  1. Hi, after factoring in withholding tax, what is your net yield? 16% sounds too good to be true

  2. Hi FF,

    Apart from witholding tax consideration, what is its gearing level and its debt profile like? What about interest cover ratio?

    I tried looking at its slides presentation but I am quite lost with this REIT. Perhaps, it is too complicated for me to understand.

    Armour Residential REIT: Company update (8 June 2012)

    Could you share with us a bit more what you understand about this REIT? :)

  3. This is a mortgage REIT. Withholding tax rate is 30% if not wrong. Certainly not your typical REIT and definitely not for the faint hearted or risk adverse kind.


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