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

In trading on Tuesday, shares of Arbor Realty Trust Inc's 8.50% Series C Cumulative Redeemable Preferred Stock (ABR.PRC) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.125), with shares changing hands as low as $24.93 on the day. This compares to an average yield of 6.91% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, ABR.PRC was trading at a 0.16% premium to its liquidation preference amount, versus the average premium of 1.87% in the "Real Estate" category.

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

Performance Comparison Chart

Below is a dividend history chart for ABR.PRC, showing historical dividend payments on Arbor Realty Trust Inc's 8.50% Series C Cumulative Redeemable Preferred Stock:

ABR.PRC+Dividend+History+Chart

In Tuesday trading, Arbor Realty Trust Inc's 8.50% Series C Cumulative Redeemable Preferred Stock ( ABR.PRC) is currently off about 0.2% on the day, while the common shares ( ABR) are up about 0.4%.

More from Stocks

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Why The FANG Stocks' Dominance May Not Be So Bad For The Market

Why The FANG Stocks' Dominance May Not Be So Bad For The Market

At End of May, Investors Signalling They May Stay Away

At End of May, Investors Signalling They May Stay Away

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever