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

In trading on Wednesday, 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 $24.86 on the day. This compares to an average yield of 7.07% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, ABR.PRC was trading at a 0.08% premium to its liquidation preference amount, versus the average premium of 2.30% 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 Wednesday trading, Arbor Realty Trust Inc's 8.50% Series C Cumulative Redeemable Preferred Stock ( ABR.PRC) is currently down about 0.3% on the day, while the common shares ( ABR) are down about 1%.

More from Stocks

Quick Read: 3 Things for Investors to Know Before Wednesday's Trading Session

Quick Read: 3 Things for Investors to Know Before Wednesday's Trading Session

Replay: Jim Cramer on the Markets, Oil, General Electric, Zillow and Micron

Replay: Jim Cramer on the Markets, Oil, General Electric, Zillow and Micron

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

Micron Shares Soar; Chipmaker Is 'Managing for Profitability' Now, Says Analyst

Micron Shares Soar; Chipmaker Is 'Managing for Profitability' Now, Says Analyst

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline