NYSE:ABRMortgage REITs
Arbor Realty Trust (NYSE:ABR) Reports First-Quarter Earnings Decrease
Arbor Realty Trust (NYSE:ABR) recently declared a quarterly dividend of $0.30 per share, down from previous levels, and reported first-quarter earnings with a notable decrease in net income from $68 million to $41 million year-over-year. Over the past month, the company's stock price experienced a 7.94% decline, which contrasts with the overall mixed performance of major indexes as investors awaited developments on U.S.-China trade talks and interest rate decisions from the Federal Reserve...