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%.

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