ABR-F Arbor Realty Trust 6.25% Series F Fixed-to-Floating Rate Cumulative Preferred

Cumulative cash dividends (i) from and including the original issue date to, but excluding, October 30, 2026 at a fixed rate equal to 6.25% per annum of the $25.00 per share liquidation preference (equivalent to $1.5625 per annum per share) and (ii) from and including October 30, 2026 at a floating rate equal to a benchmark rate (which is expected to be Three-Month Term SOFR, plus a spread of 5.442% per annum of the $25.00 per share liquidation preference, or the Floating Rate; provided, however, that in no event shall the Floating Rate be lower than the Dividend Floor. Dividends will be payable quarterly in arrears, on or about the 30th day of January, April, July and October of each year, when and as declared, beginning on January 30, 2022 (long first dividend period). On or after October 12, 2026 we may, at our option, redeem any or all of the shares of the Series F Preferred Stock at $25.00 per share, plus any accumulated and unpaid dividends to, but not including, the redemption date.  This security was issued by Arbor Realty Trust Inc, whose common stock symbol is ABR.

$20.84  -0.20 (-0.95%)
As of 06/29/2022 14:21:24 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  REIT—Mortgage
Index country:  USA
Country of incorporation:  USA
IPO date:  10/05/2021
Outstanding shares:  7,000,000
Average volume:  20,600
Market cap:   $147,840,000
Current dividend yield:  7.40%    calculation
Initial coupon rate:    6.250%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   10/12/2026
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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