Arbor Realty Trust Declares Preferred Stock Dividends
February 02 2018 - 4:15PM
Arbor Realty Trust, Inc. (NYSE:ABR), today announced that its Board
of Directors has declared cash dividends on the Company’s Series A,
Series B and Series C cumulative redeemable preferred stock
reflecting accrued dividends from December 1, 2017 through February
28, 2018. The dividends are payable on February 28, 2018 to
preferred stockholders of record on February 15, 2018. The Company
will pay total dividends of $0.515625, $0.484375 and $0.53125 per
share on the Series A, Series B and Series C preferred stock,
respectively.
About Arbor Realty Trust,
Inc.
Arbor Realty Trust, Inc. (NYSE:ABR) is a real
estate investment trust and national direct lender specializing in
loan origination and servicing for multifamily, seniors housing,
healthcare and other diverse commercial real estate assets. Arbor
is a Top 10 Fannie Mae DUS® Multifamily Lender by volume and a Top
Fannie Mae Small Loan lender, a Freddie Mac Program Plus®
Seller/Servicer and the Top Freddie Mac Small Balance Loan Lender,
a Fannie Mae and Freddie Mac Seniors Housing Lender, an FHA
Multifamily Accelerated Processing (MAP)/LEAN Lender, a
HUD-approved LIHTC Lender as well as a CMBS, bridge, mezzanine and
preferred equity lender, consistently building on its reputation
for service, quality and flexibility. With a fee-based servicing
portfolio of over $15 billion, Arbor is a primary commercial loan
servicer and special servicer rated by Standard & Poor’s with
an Above Average rating. Arbor is also on the Standard & Poor’s
Select Servicer List and is a primary commercial loan servicer and
loan level special servicer rated by Fitch Ratings.
Safe Harbor Statement
Certain items in this press release may
constitute forward-looking statements within the meaning of the
“safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995. These statements are based on
management’s current expectations and beliefs and are subject to a
number of trends and uncertainties that could cause actual results
to differ materially from those described in the forward-looking
statements. Arbor can give no assurance that its expectations will
be attained. Factors that could cause actual results to
differ materially from Arbor’s expectations include, but are not
limited to, continued ability to source new investments, changes in
interest rates and/or credit spreads, changes in the real estate
markets, and other risks detailed in Arbor’s Annual Report on Form
10-K for the year ended December 31, 2016 and its other reports
filed with the SEC. Such forward-looking statements speak only as
of the date of this press release. Arbor expressly disclaims any
obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in Arbor’s expectations with regard thereto or
change in events, conditions, or circumstances on which any such
statement is based.
Contacts:Arbor Realty Trust, Inc.Paul Elenio,
Chief Financial Officer 516-506-4422pelenio@arbor.com
Investors:The Ruth GroupLee Roth646-536-7012
lroth@theruthgroup.com Media:Bonnie Habyan,
EVP of Marketing516-506-4615bhabyan@arbor.com
Arbor Realty (NYSE:ABR)
Historical Stock Chart
From Aug 2024 to Sep 2024
Arbor Realty (NYSE:ABR)
Historical Stock Chart
From Sep 2023 to Sep 2024