Gladstone Investment Corporation Business Development Company (GAIN) makes a special March dividend of ¢24 unlike Armour Residential REIT, Inc. (ARR) which cut its dividend for March 2023 by ¢2 compared to the corresponding month in 2022.
Assuming ARR's cut of their dividend applies for the rest of the year, my net loss, even after factoring in the extra dividend from GAIN, would be $58 on an annualized basis.
Based on previous experience with GAIN, there is a great chance that they will make an additional special dividends during the year which will be to my advantage in the end.
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