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Arbor Realty Trust Announces Tax Treatment of 2015 Dividend Distributions

27 Jan 2016

UNIONDALE, N.Y., Jan. 27, 2016 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE:ABR), a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, mortgage-related securities and other real estate related assets, announced today the tax treatment of its 2015 dividend distributions for the Company's common and preferred shares of beneficial interest.

During 2015, the total per share distributions paid on Arbor Realty Trust, Inc. common stock was $.58; for tax reporting purposes 100%, or $.58 will be classified as dividend income (of which 100% are non-qualified dividends). The 2015 distributions paid with respect to Arbor Realty Trust’s common stock (CUSIP #038923108 and traded under ticker symbol ABR) are summarized on a quarterly basis, as follows:  



Record
Date


Payment
Date
Total
Distribution
Per share
Non-
Qualified
Dividend


Qualified
Dividend
Capital
Gain
Distribution
02/25/2015 03/02/2015 $.13 $.13 $.00 $.00
05/15/2015 06/01/2015 .15 .15 .00 .00
08/15/2015 08/31/2015 .15 .15 .00 .00
11/18/2015 11/30/2015 .15 .15 .00 .00
    $.58 $.58 $.00 $.00

During 2015, the total per share distributions paid on Arbor Realty Trust, Inc. 8.25% Series A Cumulative Redeemable Preferred Stock (CUSIP # 038923603 and traded under ticker symbol ABR-PA) are summarized on a quarterly basis, as follows:  

 

Record
Date
 

Payment
Date
Total
Distribution
Per share
Non-Qualified
Dividends
 

Qualified
Dividend
Capital
Gain
Distribution
02/15/2015 03/02/2015 $  .515625 $  .515625 $.00000 $.00000
05/15/2015 06/01/2015 .515625 .515625 .00000 .00000
08/15/2015 08/31/2015 .515625 .515625 .00000 .00000
11/15/2015 11/30/2015 .515625 .515625 .00000 .00000
    $ 2.062500   $ 2.062500   $.00000 $.00000

During 2015, the totals per share distributions paid on Arbor Realty Trust, Inc. 7.75% Series B Cumulative Redeemable Preferred Stock (CUSIP # 038923702 and traded under ticker symbol ABR-PB) are summarized on a quarterly basis, as follows:  



Record
Date


Payment
Date
Total
Distribution
Per share
Non-
Qualified
Dividends


Qualified
Dividend
Capital
Gain
Distribution
02/15/2015 03/02/2015 $ .484375 $ .484375 $.00000 $.00000
05/15/2015 06/01/2015 .484375 .484375 .00000 .00000
08/15/2015 08/31/2015 .484375 .484375 .00000 .00000
11/15/2015 11/30/2015 .484375 .484375 .00000 .00000
    $ 1.937500   $ 1.937500   $.00000 $.00000

During 2015, the totals per share distributions paid on Arbor Realty Trust, Inc. 8.50% Series C Cumulative Redeemable Preferred Stock (CUSIP # 038923801 and traded under ticker symbol ABR-PC) are summarized on a quarterly basis, as follows:

 

Record
Date
 

Payment
Date
Total
Distribution
Per share
Non-
Qualified
Dividends
 

Qualified
Dividend
Capital
Gain
Distribution
02/15/2015 03/02/2015 $  .53125 $ .53125 $.00000 $.00000
05/15/2015 06/01/2015 .53125 .53125 .00000 .00000
08/15/2015 08/31/2015 .53125 .53125 .00000 .00000
11/15/2015 11/30/2015 .53125 .53125 .00000 .00000
    $
2.12500

  $ 2.12500   $.00000 $.00000

Note: Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Arbor Realty Trust, Inc. dividend distributions.

About Arbor Realty Trust, Inc.

Arbor Realty Trust, Inc. is a real estate investment trust, which invests in a diversified portfolio of multifamily and commercial real estate related bridge and mezzanine loans, preferred equity investments, mortgage related securities and other real estate related assets. Arbor is externally managed and advised by Arbor Commercial Mortgage, LLC, a national commercial real estate finance company operating through 14 offices in the US that specializes in debt and equity financing for multifamily and commercial real estate. For more information about Arbor Realty Trust, Inc., visit www.arborrealtytrust.com.

Safe Harbor Statement 

 Certain items in this press release may constitute forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995.  These statements are based on management’s current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Arbor can give no assurance that its expectations will be attained.  Factors that could cause actual results to differ materially from Arbor’s expectations include, but are not limited to, continued ability to source new investments, changes in interest rates and/or credit spreads, changes in the real estate markets, and other risks detailed in Arbor’s Annual Report on Form 10-K for the year ended December 31, 2014 and its other reports filed with the SEC. Such forward-looking statements speak only as of the date of this press release. Arbor expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Arbor’s expectations with regard thereto or change in events, conditions, or circumstances on which any such statement is based.

Contacts:
Arbor Realty Trust, Inc.
Paul Elenio, Chief Financial Officer
516-506-4422
pelenio@arbor.com

Investors:
Joseph Green
The Ruth Group
646-536-7013
jgreen@theruthgroup.com

Media:
Bonnie Habyan, EVP of Marketing
516-506-4615
bhabyan@arbor.com

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Arbor Realty Trust