Arbor Realty Trust (ABR) Misses Q4 EPS by 2c
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Arbor Realty Trust Reports Fourth Quarter and Full Year 2019 Results and Declares Common Stock Dividend
February 14, 2020 8:15 AM ESTFourth Quarter Highlights:
GAAP net income of $0.34 per diluted common shareAFFO per diluted common share of $0.34, excluding a one-time loss from the early repayment of debt and gains from derivative instruments1Raised $250.7 million of accretive growth capital through the issuance of common stock and senior unsecured notesIssued $264.0 million of 4.75% convertible senior notes due 2022 to exchange our 5.25% convertible senior notesDeclares a cash dividend on common stock of $0.30 per share, 11% higher than a year agoAgency... More
