Arbor Realty Trust Announces Change in Record Date for its Quarterly Dividend

Rhea-AI Summary

Arbor Realty Trust, Inc. (NYSE: ABR) has announced a change in the record date for its quarterly cash dividend of $0.40 per share, originally set for March 3, 2023. The new record date is March 13, 2023, with an ex-dividend date of March 10, 2023. The dividend will still be paid on March 17, 2023. This adjustment complies with the New York Stock Exchange’s ten-day notice rule, ensuring shareholders are informed in a timely manner.

Positive

• Quarterly cash dividend of $0.40 per share remains unchanged.
• Payment date of March 17, 2023, provides assurance to shareholders.

Negative

• None.

UNIONDALE, N.Y., March 01, 2023 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (the “Company”) (NYSE: ABR), announced today that the Company has changed the previously announced record date of March 3, 2023 for its quarterly cash dividend of $0.40 per share, payable on March 17, 2023 to comply with the New York Stock Exchange’s ten-day notice rule. The new record date for the dividend will be March 13, 2023, with an ex-dividend date of March 10, 2023. The dividend will continue to be payable on March 17, 2023.

About Arbor Realty Trust, Inc.

Arbor Realty Trust, Inc. (NYSE: ABR) is a nationwide real estate investment trust and direct lender, providing loan origination and servicing for multifamily, single-family rental (SFR) portfolios, and other diverse commercial real estate assets. Headquartered in New York, Arbor manages a multibillion-dollar servicing portfolio, specializing in government-sponsored enterprise products. Arbor is a leading Fannie Mae DUS® lender and Freddie Mac Optigo® Seller/Servicer, and an approved FHA Multifamily Accelerated Processing (MAP) lender. Arbor’s product platform also includes bridge, CMBS, mezzanine and preferred equity loans. Rated by Standard and Poor’s and Fitch Ratings, Arbor is committed to building on its reputation for service, quality, and customized solutions with an unparalleled dedication to providing our clients excellence over the entire life of a loan.

Contact:

Arbor Realty Trust, Inc. Paul Elenio, Chief Financial Officer 516-506-4422 pelenio@arbor.com

FAQ

What is the new record date for Arbor Realty Trust's dividend?

The new record date is March 13, 2023.

When will Arbor Realty Trust pay its quarterly dividend?

The quarterly dividend will be paid on March 17, 2023.

What is the amount of Arbor Realty Trust's quarterly dividend?

The quarterly cash dividend is $0.40 per share.

What is the ex-dividend date for Arbor Realty Trust's dividend?

The ex-dividend date is March 10, 2023.