Arbor Realty Trust (ABR) Declares $0.30 Quarterly Dividend; 16.8% Yield
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Arbor Realty Trust Reports First Quarter 2020 Results and Declares Dividend of $0.30 per Share
May 8, 2020 8:15 AM EDTCompany Highlights:
GAAP net loss of $59.3 million, or $0.54 per diluted common shareCore earnings of $40.7 million, or $0.31 per diluted common share1Declares a cash dividend on common stock of $0.30 per shareIssued $275.0 million of 4.50% senior unsecured notes due in 2027Agency Business
Loan originations of $1.08 billion and a servicing portfolio of $20.20 billionSegment income of $36.1 million, excluding a $47.7 million loss on derivative instruments and a $22.0 million CECL loss provision... More