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Mar 31, 2021
Arbor Realty Q1 2021 Earnings Report
Announced first quarter 2021 results and increased dividend for fourth consecutive quarter to $0.34 per share.
Key Takeaways
Arbor Realty Trust reported a net income of $69.5 million, or $0.55 per diluted common share, and distributable earnings of $75.1 million, or $0.52 per diluted common share, for the first quarter ended March 31, 2021.
Diversified operating platform with a multifamily focus that continues to produce strong distributable earnings and dividends in all cycles
GAAP net income of $0.55 and distributable earnings of $0.52 per diluted common share
Raised cash dividend on common stock to $0.34 per share, or 13.3% higher than a year ago, representing our fourth consecutive quarterly increase
Generated pretax income of $22.5 million from our residential mortgage banking joint venture
Arbor Realty
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Arbor Realty Revenue by Segment
Forward Guidance
No forward guidance was given in the provided text.