Arbor Realty Trust's Series B Preferred Stock Shares Cross 8% Yield Mark
October 14, 2014 at 14:08 PM EDT
In trading on Tuesday, shares of Arbor Realty Trust Inc's 7.75% Series B Cumulative Redeemable Preferred Stock (ABR. RB) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $24.21 on the day.