Arbor Realty Trust (ABR) to Distribute Quarterly Dividend of $0.17 on August 28th

Arbor Realty Trust (NYSE:ABR) announced a quarterly dividend on Wednesday, July 29th. Investors of record on Friday, August 14th will be given a dividend of 0.17 per share by the real estate investment trust on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 12.7%. The ex-dividend date is Friday, August 14th.

Arbor Realty Trust has increased its dividend by an average of 0.0%per year over the last three years. Arbor Realty Trust has a dividend payout ratio of 57.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Arbor Realty Trust to earn $0.47 per share next year, which means the company may not be able to cover its $0.68 annual dividend with an expected future payout ratio of 144.7%.

Arbor Realty Trust Stock Down 0.1%

Shares of NYSE:ABR opened at $5.36 on Wednesday. The stock has a fifty day simple moving average of $5.15 and a two-hundred day simple moving average of $6.61. The stock has a market capitalization of $999.03 million, a price-to-earnings ratio of 76.50 and a beta of 1.15. Arbor Realty Trust has a 12-month low of $4.73 and a 12-month high of $12.57. The company has a current ratio of 478.85, a quick ratio of 478.85 and a debt-to-equity ratio of 2.33.

Arbor Realty Trust (NYSE:ABR) last released its earnings results on Friday, July 31st. The real estate investment trust reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.05. Arbor Realty Trust had a return on equity of 7.38% and a net margin of 6.24%.The firm had revenue of $117.83 million for the quarter, compared to analysts’ expectations of $107.75 million. On average, research analysts anticipate that Arbor Realty Trust will post 0.29 earnings per share for the current fiscal year.

Arbor Realty Trust Company Profile

Arbor Realty Trust, Inc (NYSE: ABR) is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders.

Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments.