Arbor Realty: Fed Rate Cuts Could Spark Euphoria And A Short Squeeze, The Dividend Appears Safe

Walter Bibikow/DigitalVision via Getty Images Arbor Realty's (NYSE:ABR) fiscal 2024 second-quarter earnings saw revenue of $87.96 million. This dipped by 19% year-over-year, but non-GAAP EPS at$ 0.45 beat consensus by $0.03 cents, meaning the mREIT continues to cover its dividend. ABR most recently paid a$ 0.43 per share quarterly cash dividend, unchanged versus its prior payment. The annualized dividend at $1.72 per share means a 13.2% dividend yield against commons currently changing hands for roughly$ 13 ...