Arbor Realty Trust (ABR) Tops Q2 EPS by 8c
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Arbor Realty Trust Reports Second Quarter 2022 Results and Increases Dividend for Ninth Consecutive Quarter to $0.39 per Share
July 29, 2022 8:00 AM EDTCompany Highlights:
Diversified, annuity-based operating platform with a multifamily focus that generates strong distributable earnings and dividends in all cycles GAAP net income of $0.41 and distributable earnings of $0.52 per diluted common share1Raised cash dividend on common stock to $0.39 per share, our 9th consecutive quarterly increase, representing a 30% increase over that time spanDistributable earnings well in excess of current dividend, representing a 75% payout ratioStructured portfolio net interest income increased $10.8 million compared to 1Q22 from strong portfolio growth and increases in interest ratesStructured... More
