Arbor Realty Trust (NYSE:ABR) Announces Quarterly Dividend of $0.17

Arbor Realty Trust (NYSE:ABR) announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Friday, May 22nd will be paid a dividend of 0.17 per share by the real estate investment trust on Friday, June 5th. This represents a c) dividend on an annualized basis and a dividend yield of 11.7%. The ex-dividend date is Friday, May 22nd.

Arbor Realty Trust has increased its dividend payment by an average of 0.0%annually over the last three years. Arbor Realty Trust has a payout ratio of 57.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Arbor Realty Trust to earn $0.99 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 68.7%.

Arbor Realty Trust Trading Down 3.6%

Shares of NYSE ABR opened at $5.83 on Wednesday. Arbor Realty Trust has a twelve month low of $5.67 and a twelve month high of $12.57. The company has a current ratio of 428.41, a quick ratio of 428.41 and a debt-to-equity ratio of 2.71. The stock has a fifty day simple moving average of $7.52 and a 200-day simple moving average of $8.02. The stock has a market capitalization of $1.12 billion, a PE ratio of 14.94 and a beta of 1.24.

Arbor Realty Trust (NYSE:ABR) last issued its quarterly earnings data on Friday, May 8th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.09). Arbor Realty Trust had a net margin of 12.73% and a return on equity of 8.49%. The firm had revenue of $119.67 million during the quarter, compared to analyst estimates of $109.86 million. On average, equities analysts forecast that Arbor Realty Trust will post 0.77 earnings per share for the current 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.