Arbor Realty Trust to Issue Quarterly Dividend of $0.17 (NYSE:ABR)

Arbor Realty Trust (NYSE:ABR) declared a quarterly dividend on Friday, July 31st. Stockholders of record on Friday, August 14th will be given a dividend of 0.17 per share by the real estate investment trust on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 13.5%. The ex-dividend date of this dividend is Friday, August 14th.

Arbor Realty Trust has increased its dividend payment by an average of 0.0%per year over the last three years. Arbor Realty Trust has a payout ratio of 57.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Arbor Realty Trust to earn $0.55 per share next year, which means the company may not be able to cover its $0.68 annual dividend with an expected future payout ratio of 123.6%.

Arbor Realty Trust Stock Up 4.8%

Shares of ABR stock opened at $5.02 on Friday. Arbor Realty Trust has a 12-month low of $4.73 and a 12-month high of $12.57. The company has a quick ratio of 428.41, a current ratio of 428.41 and a debt-to-equity ratio of 2.71. The firm has a fifty day moving average of $5.19 and a 200-day moving average of $6.76. The company has a market capitalization of $965.84 million, a price-to-earnings ratio of 12.87 and a beta of 1.15.

Arbor Realty Trust (NYSE:ABR) last released its earnings results on Friday, July 31st. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.05. The firm had revenue of $117.83 million during the quarter, compared to analysts’ expectations of $107.75 million. Arbor Realty Trust had a return on equity of 8.49% and a net margin of 12.73%. As a group, equities research analysts predict that Arbor Realty Trust will post 0.25 earnings per share for the current fiscal year.

About Arbor Realty Trust

Arbor Realty Trust, Inc (NYSE: ABR) is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders.

Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments.