In trading on Friday, shares of Arbor Realty Trust Inc’s 6.25% Series E Cumulative Redeemable Preferred Stock (Symbol: ABR.PRE) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $17.05 on the day. This compares to an average yield of 8.05% in the “Real Estate” preferred stock category, according to Preferred Stock Channel. As of last close, ABR.PRE was trading at a 30.20% discount to its liquidation preference amount, versus the average discount of 14.51% in the “Real Estate” category.
Below is a dividend history chart for ABR.PRE, showing historical dividend payments on Arbor Realty Trust Inc’s 6.25% Series E Cumulative Redeemable Preferred Stock:
Free Report: Top 8%+ Dividends (paid monthly)
In Friday trading, Arbor Realty Trust Inc’s 6.25% Series E Cumulative Redeemable Preferred Stock (Symbol: ABR.PRE) is currently down about 1.4% on the day, while the common shares (Symbol: ABR) are down about 4.8%.
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