Dividend Stocks: Pre-Market Analysis on ARMOUR Residential REIT, Two Harbors
Investment, American Capital Agency, and New York Mortgage Trust
LONDON, March 11, 2013
LONDON, March 11, 2013 /PRNewswire/ --
It was yet another record high finish for the Dow Jones on Friday as equity
markets continued to rally on the back of improving outlook for the U.S.
economy. On Friday, stocks rallied as February jobs report released by the
Labor Department showed that the U.S. economy added 236,000 jobs in the month
of February, while the unemployment rate dropped to 7.7%. Apart from the labor
market, the U.S. economy is also seeing a robust recovery in the housing
market. The improvement in the housing market is expected to continue to
benefit residential REITs such as ARMOUR Residential REIT Inc. (NYSE: ARR),
Two Harbors Investment Corp. (NYSE: TWO), American Capital Agency Corp.
(NADAQ: AGNC) and New York Mortgage Trust Inc. (NASDAQ: NYMT). On Friday,
residential REITs ended on a mixed note even as the broad market edged higher.
StockCall has posted free technical research on ARR, TWO, AGNC, and NYMT which
can be downloaded upon sign up at
Shares of ARMOUR Residential REIT Inc. ended flat in Friday's trading session.
The stock closed at $6.72 on volume of 6.80 million after trading between
$6.73 and $6.75 throughout the day. ARMOUR Residential REIT Inc. currently has
a very high dividend yield. The current dividend yield stands at 14.29%. The
company's payout ratio currently is 122%. ARMOUR Residential REIT Inc. will
pay a monthly dividend of $0.08 per share on March 27, 2013 to shareholders on
record on March 15, 2013. Year-to-date, the REIT has gained 3.86%
underperforming the broad market. Sign up and read the complimentary report on
Shares of Two Harbors Investment Corp. edged higher in Friday's trading
session, tracking gains in the broad market. The stock closed 0.77% higher at
$13.10 on volume of 3.39 million. Year-to-date, Two Harbors Investment has now
gained more than 18%, which makes it one of the top performing REITs. The
company also has one of the highest dividend yields among REITs. The REITs
current dividend yield is 16.79%. It has a payout ratio of 143%. For the
fourth quarter of 2012, the REIT paid a dividend of $0.55 per share. The
dividend was paid back in January this year. The free report on TWO can be
downloaded by signing up now at
Shares of American Capital Agency Corp. also edged higher in Friday's trading
session, ending 0.81% higher at $32.47 on above average volume of 6.82
million. The REIT has outperformed the broad market this year, gaining more
than 12%. The company currently has a very high dividend yield of 15.40%. The
REIT currently has a payout ratio of 120%. Last week, American Capital Agency
announced that its Board of Directors approved a cash dividend of $1.25 per
share for the first quarter of 2013, which will be payable on April 26, 2013.
Free report on AGNC can be accessed by registering at
Shares of New York Mortgage Trust Inc. slipped in Friday's trading session.
The stock closed 0.28% lower at $7.11 on volume of 724,448. The company
currently has a dividend yield of 15.19%. The REIT has a payout ratio of 98%.
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