Arbor Realty Trust’s Preferred Stock Surpasses 8% Yield Amid Trading Fluctuations

On Tuesday, Arbor Realty Trust Inc’s 6.25% Series E Cumulative Redeemable Preferred Stock (Symbol: ABR.PRE) demonstrated a strong yield above the 8% threshold. The stock was yielding 8% based on its quarterly dividend of $1.5625, with trading prices dipping as low as $19.40 throughout the day.

A comparative analysis reveals that this yield surpasses the average yield of 7.44% in the “Real Estate” preferred stock sector, according to Preferred Stock Channel. Also notable is that ABR.PRE was trading at an 18.28% discount to its liquidation preference amount, significantly higher than the average discount of 7.27% in the same sector.

A historical overview of the dividend payments for Arbor Realty Trust Inc’s 6.25% Series E Cumulative Redeemable Preferred Stock is illustrated in the chart below:

During Tuesday’s trading session, Arbor Realty Trust Inc’s 6.25% Series E stock saw a decline of approximately 3.2%, whereas the common shares (Symbol: ABR) experienced a modest increase of about 0.6%.

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