Arbor Realty Trust (ABR) Raises Quarterly Dividend 6.3% to $0.17; 9.2% Yield
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Arbor Realty Trust Reports Fourth Quarter and Full Year 2016 Results and Increases Quarterly Dividend to $0.17 per Share
March 3, 2017 8:00 AM ESTFourth Quarter Company Highlights:
Net income of $20.5 million, or $0.40 per diluted common shareAFFO of $15.1 million, or $0.21 per diluted common share1Declares a cash dividend on common stock of $0.17 per share, a 6% increase over prior quarterAgency Business
Segment income of $26.9 millionLoan originations of $1.3 billionServicing portfolio of $13.6 billion at December 31, 2016, up 8% from 3Q16... More