Arbor Realty Trust's Series B Preferred Stock Yield Pushes Past 8.5%
May 20, 2020 at 14:25 PM EDT
In trading on Wednesday, shares of Arbor Realty Trust Inc's 7.75% Series B Cumulative Redeemable Preferred Stock (ABR. RB) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $22.74 on the day.