Arbor Realty Trust Announces 2021 Tax Treatment

UNIONDALE, NY, Jan. 28, 2022 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (NYSE: ABR), today announced the tax treatment of its 2021 dividend distributions for beneficial interest common and preferred stock .

For tax reporting purposes, 100% of distributions paid on Arbor Realty Trust common stock in 2021 will be classified as dividend income. The 2021 taxable distributions for common shares of Arbor Realty Trust trading under the ticker symbol ABR are summarized as follows:

Common Stock (CUSIP #038923108)
Registration Date Payment date Total distribution per share Non-qualified dividend (1) Qualified dividend Distribution of capital gains
03/03/2021 03/19/2021 $0.33 $0.33 $0.00 $0.00
05/21/2021 06/01/2021 0.34 0.34 0.00 0.00
08/16/2021 08/31/2021 0.35 0.35 0.00 0.00
15/11/2021 30/11/2021 0.36 0.36 0.00 0.00
$1.38 $1.38 $0.00 $0.00

The 2021 taxable distributions with respect to the 8.25% Cumulative Redeemable Preferred Shares Series A of Arbor Realty Trust trading under the symbol ABR-PA are summarized as follows:

8.25% Series A Cumulative Redeemable Preferred Shares (CUSIP #038923603)
Registration Date Payment date Total distribution per share Non-qualified dividend (1) Qualified dividend Distribution of capital gains
02/15/2021 03/01/2021 $0.515625 $0.515625 $0.00 $0.00
05/15/2021 06/01/2021 0.515625 0.515625 0.00 0.00
06/23/2021 06/23/2021 0.131771 0.131771 0.00 0.00
$1.163021 $1.163021 $0.00 $0.00

The 2021 taxable distributions for Arbor Realty Trust 7.75% Cumulative Redeemable Preferred Shares Series B trading under the symbol ABR-PB are summarized as follows:

7.75% Series B Cumulative Redeemable Preferred Shares (CUSIP #038923702)
Registration Date Payment date Total distribution per share Non-qualified dividend (1) Qualified dividend Distribution of capital gains
02/15/2021 03/01/2021 $0.484375 $0.484375 $0.00 $0.00
05/15/2021 06/01/2021 0.484375 0.484375 0.00 0.00
06/23/2021 06/23/2021 0.123785 0.123785 0.00 0.00
$1.092535 $1.092535 $0.00 $0.00

The 2021 taxable distributions with respect to Arbor Realty Trust 8.50% Cumulative Redeemable Preferred Shares Series C trading under the symbol ABR-PC are summarized as follows:

8.50% Series C Cumulative Redeemable Preferred Shares (CUSIP #038923801)
Registration Date Payment date Total distribution per share Non-qualified dividend (1) Qualified dividend Distribution of capital gains
02/15/2021 03/01/2021 $0.531250 $0.531250 $0.00 $0.00
05/15/2021 06/01/2021 0.531250 0.531250 0.00 0.00
06/23/2021 06/23/2021 0.135764 0.135764 0.00 0.00
$1.198264 $1.198264 $0.00 $0.00

The 2021 taxable distributions with respect to Arbor Realty Trust 6.375% Cumulative Redeemable Preferred Shares Series D trading under the symbol ABR-PD are summarized as follows:

6.375% Series D Cumulative Redeemable Preferred Shares (CUSIP #038923876)
Registration Date Payment date Total distribution per share Non-qualified dividend (1) Qualified dividend Distribution of capital gains
07/15/2021 07/30/2021 $0.2567700 $0.2567700 $0.00 $0.00
10/15/2021 01/11/2021 0.3984375 0.3984375 0.00 0.00
$0.6552075 $0.6552075 $0.00 $0.00

The 2021 taxable distributions for Arbor Realty Trust Series E 6.25% Cumulative Redeemable Preferred Shares trading under the symbol ABR-PE are summarized as follows:

Series E 6.25% Cumulative Redeemable Preferred Shares (CUSIP #038923868)
Registration Date Payment date Total distribution per share Non-qualified dividend (1) Qualified dividend Distribution of capital gains
10/15/2021 01/11/2021 $0.34288 $0.34288 $0.00 $0.00
$0.34288 $0.34288 $0.00 $0.00

(1) May be eligible for the 20% qualifying business income deduction applicable to certain REIT dividends under IRC Section 199A(b)(1)(B).

For shareholders who may be required to report excess inclusion income to the Internal Revenue Service, Arbor Realty Trust, Inc. is pleased to announce that in 2021, Arbor will not pass any excess inclusion income to our shareholders. Accordingly, no portion of the 2021 dividends should be treated as excess inclusion income for federal income tax purposes.

Arbor does not issue K-1s to shareholders of common and preferred stock of Arbor Realty Trust. Please contact your financial advisor or broker for information on a 1099 form.

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

About Arbor Realty Trust, Inc.

Arbor Realty Trust, Inc. (NYSE:ABR) is a nationwide real estate investment trust and direct lender, providing lending and servicing for multifamily housing, seniors housing, health care and d other miscellaneous commercial real estate assets. Based in New York, Arbor manages a multibillion-dollar portfolio of services, specializing in government-sponsored enterprise products. Arbor is a Fannie Mae DUS® Lender and a Freddie Mac Optigo Seller/Repairer. Arbor’s product platform also includes CMBS, bridge, mezzanine and senior loans. Rated by Standard and Poor’s and Fitch Ratings, Arbor is committed to building on its reputation for service, quality and personalized solutions with an unparalleled dedication to providing our clients with excellence throughout the life of a loan.

Safe Harbor Statement

Certain elements of 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 cannot guarantee that its expectations will be met. Factors that could cause actual results to differ materially from Arbor’s expectations include, but are not limited to, changes in economic conditions generally, and real estate markets specifically, in particular, due to the uncertainties created by the COVID-19 pandemic, the continued ability to source new investments, changes in interest rates and/or credit spreads and other risks detailed in Arbor’s Annual Report on Form 10-K for fiscal year ended December 31, 2020 and its other reports filed with the SEC. These forward-looking statements speak only as of the date of this press release. Arbor expressly disclaims any obligation or undertaking to issue updates or revisions to any forward-looking statements contained herein to reflect any change in Arbor’s expectations with respect thereto or any change in events, conditions or circumstances about which a such statement is based.

Contact:
Arbor Realty Trust, Inc.
Paul Elenio, Chief Financial Officer
516-506-4422
[email protected]

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