Arbor Realty Trust (ABR) Reports Q4 EPS of $0.60

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Arbor Realty Trust Reports Fourth Quarter and Full Year 2022 Results and Declares Dividend of $0.40 per Share

February 17, 2023 8:15 AM EST

Fourth Quarter Highlights:

Diversified, annuity-based operating platform with a multifamily focus that generates strong distributable earnings and dividends in all cyclesGAAP net income of $0.49 per diluted common shareDistributable earnings of $0.60 per diluted common share1, well in excess of our current dividend, representing a 67% payout ratioDeclares cash dividend on common stock of $0.40 per shareStrong liquidity position with ~$685 million in cash and liquidity and ~$420 million of restricted cash in replenishable CLO vehicles with a weighted average cost of 1.67% over benchmark rates2Structured loan originations of $500.5 million and a portfolio of $14.46... More