Arbor Realty Trust (ABR) Tops Q3 EPS by 7c
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Arbor Realty Trust Reports Third Quarter 2021 Results and Increases Quarterly Dividend to $0.36 per Share
October 29, 2021 8:00 AM EDTCompany Highlights:
Diversified, annuity-based operating platform with a multifamily focus that continues to produce strong distributable earnings and dividends in all cycles GAAP net income of $0.51 and distributable earnings of $0.47 per diluted common share1Raised cash dividend on common stock to $0.36 per share, our sixth consecutive quarterly increaseRaised 414 million of accretive growth capital: $270 million from issuance of 4.50% senior unsecured notes due in 2026$144 million from offering of 6.25% Series E preferred stockStructured Business:
Segment income of $48.1 millionRecord loan originations of... More