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Arbor Realty Trust Series A Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

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Shutterstock photo

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On 5/11/17, Arbor Realty Trust Inc's 8.250% Series A Cumulative Redeemable Preferred Stock (Symbol: ABR.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 5/31/17. As a percentage of ABR.PRA's recent share price of $25.76, this dividend works out to approximately 2.00%, so look for shares of ABR.PRA to trade 2.00% lower - all else being equal - when ABR.PRA shares open for trading on 5/11/17. On an annualized basis, the current yield is approximately 8.00%, which compares to an average yield of 6.87% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of ABR.PRA shares, versus ABR:

Performance Comparison Chart

Below is a dividend history chart for ABR.PRA, showing historical dividends prior to the most recent $0.5156 on Arbor Realty Trust Inc's 8.250% Series A Cumulative Redeemable Preferred Stock:

ABR.PRA+Dividend+History+Chart

In Tuesday trading, Arbor Realty Trust Inc's 8.250% Series A Cumulative Redeemable Preferred Stock (Symbol: ABR.PRA) is currently off about 0.1% on the day, while the common shares (Symbol: ABR) are trading flat.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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