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Arbor Realty Trust reported a net income of $35.5 million, or $0.34 per diluted common share, and AFFO of $42.1 million, or $0.34 per diluted common share for the fourth quarter of 2019.
GAAP net income of $0.34 per diluted common share
AFFO per diluted common share of $0.34, excluding a one-time loss from the early repayment of debt and gains from derivative instruments
Raised $250.7 million of accretive growth capital through the issuance of common stock and senior unsecured notes
Declared a cash dividend on common stock of $0.30 per share, 11% higher than a year ago
No specific forward guidance was provided in the earnings report.