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
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