Arbor Realty Trust, Inc. Announces Details of Special Dividend Payable on January 31, 2019
January 01, 2019 at 03:06 am IST
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Arbor Realty Trust, Inc. announced the results of the stockholders' elections relating to the special dividend of $0.15 per share of common stock, which is payable on January 31, 2019. Shareholders of record on December 28, 2018 were able to elect to receive payment of the dividend all in cash or all in common shares, with the total cash distribution limited to 20% of the special distribution. Stockholders who failed to return a timely and properly completed election form before 5:00 p.m. Eastern Time on January 18, 2019 were deemed to have made an election to receive the special dividend entirely in common shares.
Arbor Realty Trust, Inc. is a real estate investment trust. The Companyâs segments include Structured Business and Agency Business. Through its Structured Business, it invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental (SFR) and commercial real estate markets, primarily consisting of bridge loans, in addition to mezzanine loans, junior participating interests in first mortgages and preferred and direct equity. It also invests in real estate-related joint ventures and may directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. Through its Agency Business, the Company originates, sells, and services a range of multifamily finance products through Fannie Mae and Freddie Mac, Ginnie Mae, Federal Housing Authority (FHA), and Housing and Urban Development (HUD). It originates, sells, and services a range of multifamily finance products.
ARBOR REALTY TRUST, INC. 
