Arbor Realty Trust Series A Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 8/13/14, Arbor Realty Trust Inc's 8.250% Series A Cumulative Redeemable Preferred Stock (NYSE: ABR.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 9/2/14. As a percentage of ABR.PRA's recent share price of $24.99, this dividend works out to approximately 2.06%, so look for shares of ABR.PRA to trade 2.06% lower — all else being equal — when ABR.PRA shares open for trading on 8/13/14. On an annualized basis, the current yield is approximately 8.25%, which com...