On 11/13/13, Arbor Realty Trust Inc's 8.250% Series A Cumulative Redeemable Preferred Stock (ABR.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 12/2/13. As a percentage of ABR.PRA's recent share price of $25.00, this dividend works out to approximately 2.06%, so look for shares of ABR.PRA to trade 2.06% lower — all else being equal — when ABR.PRA shares open for trading on 11/13/13. On an annualized basis, the current yield is approximately 8.25%, which compares to an average yield of 7.63% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Arbor Realty Trust Series A Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts