Dividend-News
Daily dividend news for investors in dividend stocks
Is There a Chink in the Armour of the Market's Biggest Dividends?
-
Published Tue, 08 Nov 2011 19:42:55 GMT on The Motley Fool
The company reported estimated taxable REIT income of $31.3 million, but on a GAAP basis, Armour reported a loss of $34.5 million. The discrepancy was due largely to an unrealized loss in the company's derivatives of $65.8 million. Armour, like the rest of the mortgage REIT industry, endured a volatile quarter due to a variety of factors. Potential regulatory reforms, the ongoing European crisis, Operation Twist, and the revamped HARP rules had many mortgage REIT investors on edge. But Armour noted that less than 2% of its holdings are eligible for the revised HARP program, meaning it has little exposure there.... Read more
Stock name ISIN Last trade P/E Earnings/Share Dividend/Share Dividend yield AMERICAN CAPITAL AGENCY 
US02503X1054 27.72 11.8 2.38 5.00 18.04 ARMOUR RESIDENTIAL REIT
US0423151010 5.55 7.1 0.79 0.84 15.14 INVESCO MORTGAGE CAPITAL
US46131B1008 19.42 7.0 2.79 2.60 13.39 ANNALY CAPITAL MANAGEMENT
US0357104092 14.42 8.6 1.67 1.80 12.48 CHIMERA INVESTMENT
US16934Q1094 3.16 23.9 0.13 0.36 11.39 CYPRESS SHARPRIDGE INV
US23281A3077 11.44 5.8 1.98 1.28 11.19