"Arbor Realty Trust Inc (ABR) Reports Strong Q4 Earnings and Dividend Boost"
Arbor Realty Trust Inc reported solid financial results for Q4 and full year 2023, with a 5% increase in net income and a 7.5% increase in quarterly cash dividend. The company's distributable earnings slightly rose to $2.25 per diluted common share for the full year, and agency loan originations increased by 7% to $5.11 billion. Despite facing challenges such as a decrease in distributable earnings per share for the quarter and an increase in non-performing loans, Arbor's strong performance reflects its commitment to delivering shareholder value and its ability to capitalize on market opportunities in the real estate finance sector.