| Forward Dividend & Yield | 1.72 (13.07%) |
| Ex-Dividend Date | Mar 01, 2024 |
Net Income: $330.1 million for the full year, a 5% increase from the previous year.
Distributable Earnings: $2.25 per diluted common share for the full year, slightly up from $2.23 last year.
Dividend: Quarterly cash dividend raised to $0.43 per share, reflecting a 7.5% increase over the prior year.
Agency Loan Originations: $5.11 billion for the full year, a 7% increase from the previous year.
Structured Portfolio: Reduction of 13% with significant multifamily loan runoff.
Liquidity: Approximately $1 billion in cash and liquidity, with ~$600 million of restricted cash in CLO vehicles.
Arbor Realty Trust Inc is a specialized real estate finance company that invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. The company operates two business segments, Structured Business and Agency Business, with the majority of its revenue generated from the Structured Business Segment. Arbor is externally managed and advised by Arbor Commercial Mortgage, LLC.
