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12 July
Arbor Realty Trust's Series F Preferred Stock Crosses Above 8% Yield Territory

In trading on Friday, shares of Arbor Realty Trust Inc's 6.25% Series F Cumulative Redeemable Preferred Stock (Symbol: ABR.PRF) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $18.58 on the day. This compares to an average yield of 7.90% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, ABR.PRF was trading at a 18.72% discount to its liquidation preference amount, versus the average discount of 14.35% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for ABR.PRF, showing historical dividend payments on Arbor Realty Trust Inc's 6.25% Series F Cumulative Redeemable Preferred Stock:

ABR.PRF+Dividend+History+Chart

Free Report: Top 8%+ Dividends (paid monthly)

In Friday trading, Arbor Realty Trust Inc's 6.25% Series F Cumulative Redeemable Preferred Stock (Symbol: ABR.PRF) is currently off about 7.5% on the day, while the common shares (Symbol: ABR) are trading flat.

Also see:

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