5 Very High-Yield Dividend Stocks To Buy Now

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

Dividend Yield as of December 5: 20.05%

An American real estate investment trust company, ARMOUR Residential REIT, Inc. (NYSE:ARR) specializes in residential mortgage-backed securities. The company is one of the best dividend stocks on our list as it pays monthly dividends to shareholders. Currently, it offers a per-share dividend of $0.10 per share for a dividend yield of 20.05%, as of December 5.

In the third quarter of 2022, ARMOUR Residential REIT, Inc. (NYSE:ARR) remained committed to its shareholder obligation, returning $40.2 million to shareholders in dividends.

In October, B. Riley maintained a Neutral rating on ARMOUR Residential REIT, Inc. (NYSE:ARR) with a $6 price target, presenting a positive stance on the mortgage real estate sector.

As of the close of Q3 2022, 8 hedge funds tracked by Insider Monkey owned stakes in ARMOUR Residential REIT, Inc. (NASDAQ:ARR), up from 5 in the previous quarter. The collective value of these stakes is over $23.8 million.

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