SmarterDividends
ARR

ARMOUR Residential REIT, Inc.

ARR

Real Estate · REIT - Mortgage · Stock · monthly payer

$12.68

Undervalued · +132% Add to Portfolio

Forward Yield

22.71%

Annual Dividend

$2.88

Payout Ratio

5760%

5-Yr Growth

-13.4%

Ex-Date

Nov 16, 2026

Frequency

Monthly

Key facts about ARR's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, ARMOUR Residential REIT, Inc. (ARR) has a forward dividend yield of 22.71%, based on an annual dividend of $2.88 per share and a share price of $12.68.
  • As of Oct 27, 2026, ARR's dividend safety grade from SmarterDividends is D (42 out of 100), which rates the dividend as unsafe.
  • ARR last cut its regular dividend in 2024.
  • ARR's next ex-dividend date is Nov 16, 2026, with payment on Nov 27, 2026. Shares must be owned before that date to receive the dividend.
  • ARR's dividend has shrunk at an average rate of 13.4% a year over the past five years.
  • As of Oct 27, 2026, ARR's 22.71% yield is 41% above its five-year average yield of 16.16%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for ARR is $29.40 per share, 132% above the $12.68 share price, so ARR screens as undervalued.
  • ARMOUR Residential REIT, Inc. (ARR) pays its dividend monthly, 12 times a year.
  • ARMOUR Residential REIT, Inc. (ARR) has raised its regular dividend 2 times and cut it 16 times across the 192 payments on record since 2010. Its most recent change was a 40.0% cut to $0.240 per share, going ex-dividend on Jan 12, 2024.
Cite this page

SmarterDividends, "ARR Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/ARR

Summary

As of Oct 27, 2026, ARMOUR Residential REIT, Inc. (ARR) yields 22.71% ($2.88 a year per share) and has a dividend safety grade of D (42/100).

Is ARR a good dividend stock?

Mixed

ARMOUR Residential REIT, Inc. (ARR) pays a monthly dividend yielding 22.71% ($2.88/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2024
    • Elevated payout ratio (5760%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    22.71%
    Payout Ratio
    5760%
    Annual Dividend
    $2.88
    5-Yr Avg Growth
    -13.4%
    Ex-Dividend Date
    Nov 16, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    1.40
    Market Cap
    $1.8B
    P/E Ratio
    253.6
    5-Yr Total Return
    -74%
    52-Week Range
    $12.28 – $19.31
    Dividend Safety
    D · 42/100
    Ever Cut?
    Yes (2024)

    ARR dividend raises and cuts

    ARMOUR Residential REIT, Inc. (ARR) has raised its regular dividend 2 times and cut it 16 times across the 192 payments on record since 2010. Its most recent change was a 40.0% cut to $0.240 per share, going ex-dividend on Jan 12, 2024.

    Ex-dateChangeOld → newMove
    Jan 12, 2024Cut$0.400 → $0.240−40.0%
    Mar 14, 2023Cut$0.500 → $0.400−20.0%
    Jul 14, 2020Raise$0.450 → $0.500+11.1%
    Jun 12, 2020Cut$0.850 → $0.450−47.1%
    Jul 12, 2019Cut$0.950 → $0.850−10.5%
    Jan 12, 2017Cut$1.10 → $0.950−13.6%
    May 12, 2016Cut$1.35 → $1.10−18.5%
    Apr 13, 2016Cut$1.65 → $1.35−18.2%
    Aug 13, 2015Raise$1.60 → $1.65+3.1%
    Jan 13, 2015Cut$2.00 → $1.60−20.0%
    Oct 10, 2013Cut$2.80 → $2.00−28.6%
    Apr 11, 2013Cut$3.20 → $2.80−12.5%
    Show all 18 changes since 2010
    Ex-dateChangeOld → newMove
    Jan 11, 2013Cut$3.60 → $3.20−11.1%
    Oct 11, 2012Cut$4.00 → $3.60−10.0%
    Apr 12, 2012Cut$4.40 → $4.00−9.1%
    Oct 12, 2011Cut$4.80 → $4.40−8.3%
    Jan 12, 2011Cut$14.40 → $4.80−66.7%
    Sep 21, 2010Cut$16.00 → $14.40−10.0%
    Every ARR payment →Download every raise and cut (CSV)
    ARR ex-dividend date & scheduleNext ex-date Nov 16, 2026 · full ex-dividend historyView →ARR dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is ARR a good dividend stock?

    Mixed. ARMOUR Residential REIT, Inc. (ARR) pays a monthly dividend yielding 22.71% ($2.88/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is ARR undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ARR's fair value is about $29.40 versus a $12.68 share price — so it looks undervalued (+132% vs. fair value).

    Is ARR's dividend safe?

    ARR has a dividend-safety grade of D (42/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

    What is ARR's fair value?

    Our blended fair-value estimate for ARR is about $29.40 per share, roughly 132% above the current $12.68 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is ARR a buy, hold, or sell?

    We don't issue formal ratings, but on the data ARR screens as "mixed" and undervalued. ARMOUR Residential REIT, Inc. (ARR) pays a monthly dividend yielding 22.71% ($2.88/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will ARR cut its dividend?

    ARR earns a dividend-safety grade of D (42/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does ARR pay a dividend?

    Yes. ARMOUR Residential REIT, Inc. pays a monthly dividend of about $2.88 per share annually, a forward yield of roughly 22.71%.

    What is ARR's dividend yield?

    As of Oct 27, 2026, ARR's forward dividend yield is 22.71%, based on a $2.88 annual dividend and a $12.68 share price.

    What is ARR's dividend per share?

    As of Oct 27, 2026, ARR pays $2.88 per share per year, distributed on a monthly basis.

    What is ARR's dividend payout ratio?

    As of Oct 27, 2026, ARR's payout ratio is 5760% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has ARR grown its dividend?

    ARR does not currently have a long dividend-growth streak on record.

    When is the next ARR ex-dividend date?

    As of Oct 27, 2026, the next ex-dividend date on record for ARR is Nov 16, 2026.

    Income Calculator

    At $2.88 / yr per share

    Per payment (monthly)$24.00
    Annual$288.00
    Monthly avg$24.00

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