Arbor Realty Trust (ABR) Raises Quarterly Dividend 5.6% to $0.19; 9.2% Yield
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Arbor Realty Trust Reports Third Quarter 2017 Results and Increases Quarterly Dividend to $0.19 per Share
November 3, 2017 8:01 AM EDTCompany Highlights:
GAAP net income of $0.26 and AFFO of $0.25 per diluted common share1Declares a cash dividend on common stock of $0.19 per share, a 19% increase in our dividend from a year ago and 6% higher than last quarterAgency Business
Segment income of $17.1 millionLoan originations of $1.0 billionServicing portfolio of $15.6 billion at September 30, 2017, up 4% from 2Q17 and 15% year to dateStructured Business
Segment income... More