ARBOR REALTY TRUST INC 6.25% SER F FXD/FLTG RATE CUMULATIVE PFD.
Updated: Jun 1
Arbor Realty Trust Inc. 6.25% Series F Fixed/Floting Rate Cumulative Redeemable Preferred Stock is a security offered by Arbor Realty Trust, a real estate investment trust that specializes in the origination, servicing, and management of commercial real estate loans and investments. The Series F Preferred Stock was first issued in 2017 and is traded on the New York Stock Exchange under the ticker symbol ABR-PF.
One of the key benefits of the Arbor Realty Trust Series F Preferred Stock is its fixed and floating rate feature. The stock pays a fixed dividend of 6.25% per year for the first five years, after which the dividend rate will be reset to a floating rate based on the prevailing three-month LIBOR rate plus a spread of 4.72%. This provides investors with both a stable and potentially growing stream of income, depending on changes in interest rates.
Another benefit of the Arbor Realty Trust Series F Preferred Stock is its cumulative feature. This means that if the company is unable to pay a dividend on the stock in any given year, the unpaid dividends will accumulate and must be paid in the future before any dividends can be paid on common stock or other preferred stock. This provides an added layer of security for investors, as it ensures that they will eventually receive the full amount of dividends owed to them.
Arbor Realty Trust has a strong track record of financial performance, which provides additional security for investors in the Series F Preferred Stock. The company has consistently generated strong earnings and revenue growth, and has a solid balance sheet with low debt and ample liquidity. This financial strength has allowed Arbor Realty Trust to continue its investment in new loans and investments, as well as to pay dividends to its preferred and common stockholders.
In addition to its real estate investment business, Arbor Realty Trust also offers a range of related services to support the real estate industry. This includes loan servicing, asset management, and consulting services. Arbor Realty Trust's services help to support the broader real estate ecosystem, and to provide value to its customers and partners.
Arbor Realty Trust has a global presence, with operations and partnerships in several countries around the world. The company's global reach allows it to efficiently and effectively deliver its services and solutions to clients, regardless of their location.
Arbor Realty Trust Inc. 6.25% Series F Fixed/Floting Rate Cumulative Redeemable Preferred Stock is a security that offers investors a fixed and floating rate feature, cumulative feature, and added security due to the company's strong financial performance. With a focus on real estate investments, a commitment to innovation, and a range of related services to support the real estate industry, Arbor Realty Trust is well-positioned to continue its success in the years to come.