Arbor Realty Trust Reports Second Quarter 2020 Results and Increases Quarterly Dividend to $0.31 per Share

Company Highlights:
–   GAAP net income of $0.40 and core earnings of $0.46 per diluted common share1
–   Raised cash dividend on common stock to $0.31 per share, a 7% increase from 2Q19
–   Generated pretax income of $20.9 million from our residential mortgage banking joint venture
–   Strong liquidity position currently at approximately $450 million

Bay Street News

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