Arbor Realty Trust (ABR) Raises Quarterly Dividend 28.6% to $0.27; 2.3% Yield
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Arbor Realty Trust Reports Fourth Quarter and Full Year 2018 Results and Declares Common Stock Dividend
February 15, 2019 8:15 AM ESTFourth Quarter Company Highlights:
GAAP net income of $0.47 per diluted common share; AFFO of $0.29, or $0.39 per share excluding a $10 million non-cash loss reserve on a legacy asset1Declares a cash dividend on common stock of $0.27 per share, 29% higher than a year agoDeclared a special dividend of $0.15 per share of common stockRaised $100.5 million of capital in a common stock offeringAgency Business
Segment income of $42.4 millionLoan originations of $1.62... More