Arbor Realty Trust Declares Preferred Stock Dividends on Sept 27, 2024
- The Board of Directors declared cash dividends for Series D, E, and F preferred stock.
- Dividends reflect accrued amounts from July 30, 2024, to October 29, 2024, and are payable on October 30, 2024.
- This announcement highlights Arbor Realty Trust's ongoing commitment to its investors amid economic uncertainties.
On September 27, 2024, Arbor Realty Trust, Inc. announced the declaration of cash dividends for its Series D, E, and F cumulative redeemable preferred stock. The dividends, amounting to $0.3984375 for Series D and $0.390625 for both Series E and F, reflect accrued dividends from July 30, 2024, through October 29, 2024. These dividends are set to be paid on October 30, 2024, to stockholders of record as of October 15, 2024. Arbor Realty Trust is recognized as a significant player in the real estate finance sector, serving as a lender for Fannie Mae and Freddie Mac, and is also an approved FHA Multifamily Accelerated Processing lender. The company’s diverse product offerings include bridge loans, CMBS, mezzanine, and preferred equity loans, which cater to various investment needs in the real estate market. The announcement comes amid a backdrop of economic uncertainties and fluctuating interest rates, which could impact the company’s future performance. Arbor Realty Trust has acknowledged these risks in its communications, emphasizing the importance of monitoring economic conditions and market trends that could affect its operations and investment strategies.