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ARMOUR Residential REIT, Inc. (NYSE:ARR) is included among the Best High Yield Stocks to Buy in October.

ARMOUR Residential REIT’s (ARR) Dividend History: What Capture Investors Should Know

ARMOUR Residential REIT, Inc. (NYSE:ARR) is a real estate investment trust that invests in residential mortgage-backed securities, such as fixed-rate, hybrid adjustable-rate, and adjustable-rate securities.

ARMOUR Residential REIT, Inc. (NYSE:ARR) is committed to increasing access to homeownership and to providing value to its shareholders. The trust’s approach is focused on selectively acquiring and actively managing a well-diversified, leveraged portfolio of mortgage-backed securities (“MBS”). A significant focus for ARMOUR is on maintaining steady dividend payments to common stockholders, emphasizing the long-term results rather than short-term market movements.

ARMOUR Residential REIT, Inc. (NYSE:ARR) is popular amongst dividend investors because it pays them monthly. Also, it has consistently paid dividends to its shareholders for the past 14 years. It currently offers a monthly dividend of $0.24 per share, for a dividend yield of 19.77%, as of September 27.

While we acknowledge the potential of ARR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ARR and that has a 100x upside potential, check out our report about the cheapest AI stock.

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