5 Dogs of the Russell 2000

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

Dividend Yield as of January 22: 15.13%
Market Cap as of January 22: $932.3 million

ARMOUR Residential REIT, Inc. (NYSE:ARR) pays monthly dividends to shareholders as is among the best dogs of the Russell 2000. On January 24, the company declared a monthly dividend of $0.24 per share, which was in line with its previous dividend. The stock’s dividend yield on January 22 came in at 15.13%.

At the end of the third quarter of 2023, 7 hedge funds tracked by Insider Monkey owned stakes in ARMOUR Residential REIT, Inc. (NYSE:ARR), up from 5 in the preceding quarter. These stakes have a total value of nearly $5.5 million.

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