If you haven't paid attention to the latest news on ARR well they just announced their dividend payments for the first quarter in 2013. I have been ringing the bell on this stock this whole year. Now it's even better than when I first started buying it. The stock is at $6.64 as of the end of today, well below it's normal $7.00 range. Let's just do the math... if you invest $10,000 you would have 1506 shares. With a $0.17 MONTHLY dividend, you are making $256 a month just by owning the stock. I'll let you decide...
http://finance.yahoo.com/news/armour-residential-reit-inc-announces-210828981.html
Update: I mistakenly read the first announcement. The $0.17 dividend only refers to the PREFERRED Stock which is trading at $25 a share. The common stock dividend is paying $0.08 a month. Still a good investment.
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