Arbor Realty Trust (NYSE:ABR – Get Free Report) announced a quarterly dividend on Tuesday, February 24th. Investors of record on Tuesday, March 10th will be given a dividend of 0.30 per share by the real estate investment trust on Tuesday, March 24th. This represents a c) annualized dividend and a yield of 13.8%. The ex-dividend date is Tuesday, March 10th.
Arbor Realty Trust has raised its dividend payment by an average of 0.0%annually over the last three years. Arbor Realty Trust has a payout ratio of 100.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
Arbor Realty Trust Stock Performance
ABR opened at $8.68 on Friday. The firm has a market cap of $1.68 billion, a P/E ratio of 15.78 and a beta of 1.36. Arbor Realty Trust has a 1-year low of $7.11 and a 1-year high of $12.73. The company has a 50 day simple moving average of $7.84 and a two-hundred day simple moving average of $9.57. The company has a debt-to-equity ratio of 2.41, a current ratio of 394.59 and a quick ratio of 287.79.
About Arbor Realty Trust
Arbor Realty Trust, Inc (NYSE: ABR) is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders.
Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments.
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