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Arbor Realty Trust (ABR) Ex-Dividend Date Scheduled for November 18, 2013
By: NASDAQ.com News
Arbor Realty Trust ( ABR ) will begin trading ex-dividend on November 18, 2013. A cash dividend payment of $0.13 per share is scheduled to be paid on December 02, 2013. Shareholders who purchased ABR stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 18.18% increase over the same period a year ago. At the current stock price of $6.83, the dividend yield is 7.61%.
The previous trading day's last sale of ABR was $6.83, representing a -20.58% decrease from the 52 week high of $8.60 and a 44.7% increase over the 52 week low of $4.72.
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 $.33. Zacks Investment Research reports ABR's forecasted earnings growth in 2013 as -8.47%, compared to an industry average of -10.5%.