High Yields From Chimera and ARMOUR Remain Strong as Housing Market Continues to Improve

The Paragon Report Provides Stock Research on Chimera and ARMOUR

RELATED QUOTES

SymbolPriceChange
CIM3.29-0.02

NEW YORK, NY--(Marketwire -06/19/12)- Diversified REITs have taken advantage of low borrowing rates, which are not expected to rise until 2014, to boost profits and provide high dividends. With interest rates and bond yields near record lows investors have flocked to REITs for gains as the U.S. housing market continues to show signs of a long awaited recovery. The Vanguard REIT ETF (VNQ) is up nearly 10 percent year to date. The Paragon Report examines investing opportunities on diversified REITs and provides equity research on Chimera Investment Corporation (CIM) and ARMOUR Residential REIT, Inc. (ARR).

Access to the full company reports can be found at:

www.ParagonReport.com/CIM

www.ParagonReport.com/ARR

DataQuick in the last month home prices and sales have risen. The average sale price for the past 30 days jumped $7,000 to $189,500 from a month earlier. Sales during the same period increased 8.2 percent. According the a recent Bloomberg article Harvard's annual State of the Nation's Housing report also sees the U.S. housing market showing signs of recovery and unless the broad economy receives a major blow, the housing market should continue to improve.

Paragon Report releases regular market updates on diversified REITs so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.

Chimera Investment Corporation is a specialty finance company that invests in residential mortgage-backed securities (RMBS), residential mortgage loans, real estate-related securities and various other asset classes. Chimera currently offers investors an annual dividend of $0.44 per share for a yield of around 16 percent. Shares of the company are up over 12 percent year-to-date.

ARMOUR Residential is a Maryland corporation that invests primarily in hybrid adjustable rate, adjustable rate and fixed rate residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. Government-chartered entities. ARMOUR currently offers investors an annual dividend of $1.20 per share for a yield of around 17 percent. Shares of the company are up over 5 percent in the last three months.

Paragon Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Paragon Report has not been compensated by any of the above-mentioned companies. We act as independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:

www.ParagonReport.com/disclaimer

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Trading Center

    Yahoo! Finance on Facebook

    POLL

    Do you trust the IRS in light of its recent scandals?

    Loading...
    Poll Choice Options