Arbor Realty Trust Declares Preferred Stock Dividends
Arbor Realty Trust (NYSE: ABR) announced cash dividends on its Series D, E, and F cumulative redeemable preferred stock. The dividends amount to $0.3984375, $0.390625, and $0.390625 per share, respectively, covering the period from April 30, 2024, to July 29, 2024.
Dividends will be paid on July 30, 2024, to shareholders recorded by July 15, 2024. Arbor Realty Trust is a real estate investment trust and direct lender, offering loan origination and servicing for multifamily, single-family rental portfolios, and other commercial real estate assets.
Headquartered in New York, Arbor manages a multibillion-dollar servicing portfolio and is a top lender for Fannie Mae and Freddie Mac products.
- Declared dividends indicate strong financial performance and commitment to returning value to shareholders.
- Scheduled payment date reassures investors of timely returns on their investments.
- Regular dividend payouts can strain cash reserves during economic downturns or reduced income periods.
UNIONDALE, N.Y., June 28, 2024 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced that its Board of Directors has declared cash dividends on the Company's Series D, Series E, and Series F cumulative redeemable preferred stock of
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.
Safe Harbor Statement
Certain items in this press release may constitute forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Arbor can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from Arbor’s expectations include, but are not limited to, changes in economic conditions generally, and the real estate markets specifically, continued ability to source new investments, changes in interest rates and/or credit spreads, and other risks detailed in Arbor’s Annual Report on Form 10-K for the year ended December 31, 2023 and its other reports filed with the SEC. Such forward-looking statements speak only as of the date of this press release. Arbor expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Arbor’s expectations with regard thereto or change in events, conditions, or circumstances on which any such statement is based.
| Contact: Arbor Realty Trust, Inc. Paul Elenio, Chief Financial Officer 516-506-4422 pelenio@arbor.com |
FAQ
What dividends were declared by Arbor Realty Trust for preferred stockholders?
When will Arbor Realty Trust pay the declared dividends on preferred stock?
What is the record date for Arbor Realty Trust's preferred stock dividends?
What period do the declared dividends by Arbor Realty Trust cover?
What is Arbor Realty Trust's stock symbol?
