ARMOUR Residential REIT, Inc. ARR

Will close above $17 today

This is a solid company and pays dividend. Better than Apple, Tesla or Amazon.

Rate cuts after the election in November. Until then no rate cuts.

No chance of rate hikes. ARR is extremely oversold

Spilt ?

I'm very disappointed in this stock. They could have done the right thing and instead they just play games with people's money. Terrible.

Just sold all my shares. This company will keep doing reverse splits and dividend cuts. Investors will be suckered in by the higher stock price and higher nominal dividend per share. Then they will cut the dividend slowly over time and dilute shares as well as people shorting the stock. If you want monthly dividends just invest in Realty Income $O

RS is neither good nor bad in itself

According to Seeking Alpha after the reverse split the adjusted dividend will be .40 so the income should be the same. I will look to add.

Added more. Keep it below $5 so we can all add cheap!