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

In trading on Monday, shares of Arbor Realty Trust Inc's 8.250% Series A Cumulative Redeemable Preferred Stock ( ABR.PRA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.0625), with shares changing hands as low as $24.25 on the day. This compares to an average yield of 7.66% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, ABR.PRA was trading at a 1.64% discount to its liquidation preference amount, versus the average discount of 4.97% in the "Real Estate" category.

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

Performance Comparison Chart

Below is a dividend history chart for ABR.PRA, showing historical dividend payments on Arbor Realty Trust Inc's 8.250% Series A Cumulative Redeemable Preferred Stock:

ABR.PRA+Dividend+History+Chart

In Monday trading, Arbor Realty Trust Inc's 8.250% Series A Cumulative Redeemable Preferred Stock ( ABR.PRA) is currently down about 1.4% on the day, while the common shares ( ABR) are off about 0.9%.
null