Arbor Realty Trust's Series C Preferred Stock Shares Cross 8.5% Yield Mark
June 24, 2015 at 14:16 PM EDT
In trading on Wednesday, shares of Arbor Realty Trust Inc's 8.50% Series C Cumulative Redeemable Preferred Stock (ABR. RC) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.125), with shares changing hands as low as $24.86 on the day.