Arbor Realty Trust (ABR) Declares $0.43 Quarterly Dividend; 13.4% Yield
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Arbor Realty Trust Reports Third Quarter 2023 Results and Declares Dividend of $0.43 per Share
October 27, 2023 8:15 AM EDTCompany Highlights:
Diversified, annuity-based operating platform with a multifamily focus that has continued to generate strong distributable earnings and dividends GAAP net income of $0.41 per diluted common shareDistributable earnings1 of $0.55 per diluted common share, well in excess of our current dividend, representing a 78% payout ratioDeclares cash dividend on common stock of $0.43 per share representing an annualized dividend of $1.72 per shareStrong liquidity... More