Arbor Realty Trust's Series E Preferred Stock Shares Cross 8.5% Yield Mark
July 12, 2024 at 14:20 PM EDT
In trading on Friday, shares of Arbor Realty Trust Inc's 6.25% Series E Cumulative Redeemable Preferred Stock (ABR. RE) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $17.03 on the day.
