Arbor Realty Trust's Series A Preferred Stock Shares Cross 8% Yield Mark

In trading on Wednesday, shares of Arbor Realty Trust Inc's 8.250% Series A Cumulative Redeemable Preferred Stock (ABR.PRA) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.0625), with shares changing hands as low as $25.35 on the day. This compares to an average yield of 6.92% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, ABR.PRA was trading at a 4.08% premium to its liquidation preference amount, versus the average premium of 2.51% in the "Real Estate" category.

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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 Wednesday trading, Arbor Realty Trust Inc's 8.250% Series A Cumulative Redeemable Preferred Stock ( ABR.PRA) is currently down about 1.9% on the day, while the common shares ( ABR) are down about 0.1%.

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