Arbor Realty Trust (ABR) Misses Q1 EPS by 2c

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Go back to Arbor Realty Trust (ABR) Misses Q1 EPS by 2c

Arbor Realty Trust Reports First Quarter Results and Increases Quarterly Dividend to $0.28 per Share

May 10, 2019 8:15 AM EDT

Company Highlights:

GAAP net income of $0.26 and AFFO of $0.33 per diluted common share1Declares a cash dividend on common stock of $0.28 per share, a 4% increase in our dividend from last quarter and 12% higher than a year agoIssued $90.0 million of 5.75% senior unsecured notes due in 2024

Agency Business

Segment income of $13.1 millionLoan originations of $845.9 million Servicing portfolio of $18.88 billion, up 2% from 4Q18 and 13% from a year... More