ARR-P-C: Armour Residential REIT, Inc. 7% Series C Preferred Stock
Armour Residential REIT, Inc.'s ARR-P-C is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $20.98, ARR-P-C yields 8.34% on its $25 liquidation preference and 7% coupon.
It trades at a discount of 16.1% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2025-01-01.
Distributions are paid monthly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.