5 High Yield REIT Dividend Stocks For 2022

4. ARMOUR Residential REIT, Inc. (NYSE:ARR)

Dividend Yield as of January 25: 12.77%

Number of Hedge Fund Holders: 6

ARMOUR Residential REIT, Inc. (NYSE:ARR) is a Maryland-based real estate investment trust that invests primarily in residential mortgage backed securities issued or guaranteed by a United States government-sponsored entity, such as Fannie Mae, Freddie Mac, or Ginnie Mae. 

On January 4, ARMOUR Residential REIT, Inc. (NYSE:ARR) declared a $0.10 per share monthly dividend, in line with previous. The dividend will be distributed on January 28, to shareholders of record on January 18.

JonesTrading analyst Jason Stewart on October 28 downgraded ARMOUR Residential REIT, Inc. (NYSE:ARR) to Hold from Buy and removed his prior price target after the company’s distributable earnings miss. With the shares effectively trading at book value per share, the analyst sees the risk versus reward as balanced at current levels.

According to Insider Monkey’s Q3 data, 6 hedge funds reported owning stakes in ARMOUR Residential REIT, Inc. (NYSE:ARR), amounting to $23 million, as compared to 13 funds holding stakes worth $32.2 million in ARMOUR Residential REIT, Inc. (NYSE:ARR) in the prior quarter. David Harding’s Winton Capital Management is a notable shareholder of ARMOUR Residential REIT, Inc. (NYSE:ARR), owning a $1.92 million stake.