For roughly three years, the central bank has kept overnight interest rates near zero as unemployment remains relatively high and housing issues persist. While high yielding REITs such as American Capital Agency and ARMOUR Residential REIT have benefitted from the low interest rate environment, some industry player saw their profits drop last quarter as gains in net interest income were offset by lower investment income. The Paragon Report examines the outlook for diversified REITs and provides equity research on American Capital Agency Corporation (NASDAQ: AGNC) and ARMOUR Residential REIT, Inc. (NYSE: ARR). Access to the full company reports can be found at:

www.paragonreport.com/AGNC

www.paragonreport.com/ARR

Earlier this week, the Federal Reserve reiterated its promise to keep interest rates at "exceptionally low levels... at least through mid-2013," in a largely pro-forma statement after its last meeting of the year. "While indicators point to some improvement in overall labour market conditions, the unemployment rate remains elevated," the Federal Open Market Committee said in a statement at the end of the meeting.

The Paragon Report provide investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on diversified REITs register with us free at www.paragonreport.com and get exclusive access to our numerous stock reports and industry newsletters.

ARMOUR is a Maryland corporation that invests primarily in hybrid adjustable rate, adjustable rate and fixed rate residential mortgage-backed securities issued or guaranteed by U.S. Government-chartered entities. Earlier this month the company announced that it has priced an underwritten public offering of 8,000,000 shares of common stock. ARMOUR has granted the underwriter a 30-day option to purchase up to 1,200,000 additional shares of common stock. ARMOUR pays an annual dividend of $1.32 per share for a hefty yield of 18.7 percent.

American Capital Agency Corp. is a real estate investment trust that invests in agency pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government agency or a U.S. Government-sponsored entity. Earlier this week the company announced that its Board of Directors has declared a cash dividend of $1.40 per share for the fourth quarter 2011. The dividend is payable on January 27, 2012 to common shareholders of record as of December 22, 2011, with an ex-dividend date of December 20, 2011.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.paragonreport.com/disclaimer

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