One of my favorite mREITs Arbor Realty Trust (ABR) has posted earnings for the quarter ending 6/30/2022. With the release they also raised their common dividend.
Earnings were slightly soft, but all things considered they remain respectable.
ABR generally ‘plays’ in the apartment end of the market, which should continue to remain a fairly solid area of the residential marketplace.
The company has 3 perpetual preferreds outstanding which are all trading with current yields in the 7.7% area. You can see them here. All 3 issues have 1st call dates in 2026.