Arbor Realty Trust Inc Named as a Leading REIT in Latest Report
Arbor Realty Trust Inc (Symbol: ABR) has earned a spot among the Top 10 Real Estate Investment Trusts (REITs) in a recent report from Dividend Channel, underlining its strong market performance and attractive valuation.
The report highlights Arbor’s share price of $14.84, which translates to a price-to-book ratio of 1.2 and an impressive annual dividend yield of 11.59%. For context, the average stock within Dividend Channel’s universe has a yield of just 4.0% and a price-to-book ratio of 2.6. Furthermore, Arbor Realty demonstrates a robust quarterly dividend history and solid long-term growth rates in essential financial metrics.
According to the report, “Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest, most profitable companies that also happen to be trading at an attractive valuation. Our proprietary DividendRank formula helps identify these desirable stocks for further research.”
REITs, like Arbor Realty, are favored by dividend investors because they are mandated to distribute at least 90% of their taxable income to their shareholders. This regulatory requirement often results in high dividend yields. However, it can also lead to fluctuating dividend payments. Large profits typically result in generous payouts, whereas losses may result in decreased dividends or even suspension of payments.
The annualized dividend for Arbor Realty Trust Inc stands at $1.72 per share, which is distributed quarterly. Shareholders should note that the next ex-date for dividends is scheduled for 11/15/2024. The following chart displays Arbor’s long-term dividend history, a critical aspect for assessing the stability of its dividend payments.
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