Arbor Realty Trust Announces $0.17 Quarterly Dividend
Arbor Realty Trust (ABR) has declared a quarterly dividend of $0.17 per share, representing a forward yield of 14.2%. The payment is scheduled for August 28 to shareholders on record as of August 14, with an ex-dividend date also set for August 14. The announcement comes amid ongoing market discussions about the company's high-yield strategy and portfolio risk exposure. Analysts have noted that Arbor’s preferred shares offer floating-rate options suitable for uncertain economic conditions while fixed-rate preferreds trade at a deep discount to par value, offering potentially higher yields. Arbor Realty Trust has seen recent stock price fluctuations tied to its progress in resolving legacy assets, which impacted Q2 earnings. J.P. Morgan recently upgraded the company but downgraded AGNC and KREF ahead of their second-quarter results.
Tickers: $ABR
Topics: Arbor Realty Trust dividends real estate investment trusts (REITs)