Arbor Realty Trust's Series C Preferred Stock Shares Cross 9% Yield Mark
May 14, 2020 at 14:04 PM EDT
In trading on Thursday, shares of Arbor Realty Trust Inc's 8.50% Series C Cumulative Redeemable Preferred Stock (ABR. RC) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.125), with shares changing hands as low as $22.60 on the day.