On 3/1/13, Arbor Realty Trust Inc (ABR) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 3/12/13. As a percentage of ABR's recent stock price of $7.52, this dividend works out to approximately 1.60%, so look for shares of Arbor Realty Trust Inc to trade 1.60% lower all else being equal when ABR shares open for trading on 3/1/13.