Arbor Realty Trust Declares Preferred Stock Dividends
May 03 2019 - 9:00AM
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 March 1, 2019 through May
31, 2019. The dividends are payable on May 31, 2019 to preferred
stockholders of record on May 15, 2019. 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
nationwide real estate investment trust and direct lender,
providing loan origination and servicing for multifamily, seniors
housing, healthcare and other diverse commercial real estate
assets. Headquartered in New York, Arbor manages a
multibillion-dollar servicing portfolio, specializing in
government-sponsored enterprise products. Arbor is a Fannie Mae
DUS® lender and Freddie Mac Optigo Seller/Servicer. Arbor’s product
platform also includes CMBS, bridge, mezzanine and preferred equity
lending. Rated by Standard and Poor’s and Fitch Ratings, Arbor is
committed to building on its reputation for service, quality and
customized solutions with an unparalleled dedication to providing
our clients excellence over the entire life of a loan.
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, 2018 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.comMedia:Bonnie Habyan,
Chief Marketing Officer516-506-4615bhabyan@arbor.com |
Investors:The Ruth GroupJanhavi
Mohite646-536-7026jmohite@theruthgroup.com |
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