Arbor Realty Trust's Series B Preferred Stock Shares Cross 8.5% Yield Mark

In trading on Wednesday, shares of Arbor Realty Trust Inc's 7.75% Series B Cumulative Redeemable Preferred Stock (ABR.PRB) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $22.72 on the day. This compares to an average yield of 7.65% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, ABR.PRB was trading at a 5.96% discount to its liquidation preference amount, versus the average discount of 5.20% in the "Real Estate" category.

The chart below shows the one year performance of ABR.PRB shares, versus ABR:

Performance Comparison Chart

Below is a dividend history chart for ABR.PRB, showing historical dividend payments on Arbor Realty Trust Inc's 7.75% Series B Cumulative Redeemable Preferred Stock:

ABR.PRB+Dividend+History+Chart

In Wednesday trading, Arbor Realty Trust Inc's 7.75% Series B Cumulative Redeemable Preferred Stock ( ABR.PRB) is currently off about 1.3% on the day, while the common shares ( ABR) are up about 1.2%.

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