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Arbor Realty Trust (ABR) Ex-Dividend Date Scheduled for February 21, 2014
By: NASDAQ.com News
Arbor Realty Trust ( ABR ) will begin trading ex-dividend on February 21, 2014. A cash dividend payment of $0.13 per share is scheduled to be paid on February 28, 2014. Shareholders who purchased ABR stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ABR has paid the same dividend.
The previous trading day's last sale of ABR was $7.09, representing a -17.56% decrease from the 52 week high of $8.60 and a 22.66% increase over the 52 week low of $5.78.
ABR is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). ABR's current earnings per share, an indicator of a company's profitability, is $.41. Zacks Investment Research reports ABR's forecasted earnings growth in 2014 as 32.5%, compared to an industry average of -12.6%.