10 Extreme Dividend Stocks to Invest in Now

5. Arbor Realty Trust, Inc. (NYSE:ABR)

Dividend Yield as of January 23: 13.08%

Arbor Realty Trust, Inc. (NYSE:ABR) is an American real estate investment trust company that invests in a diversified portfolio of finance assets in the multifamily and commercial real estate markets. In 2024, the company encountered challenges when federal prosecutors and the FBI launched an investigation into its commercial mortgage REIT. The inquiry centered on its lending practices and the reliability of its statements about loan portfolio performance. In response, the company emphasized its commitment to fully cooperating with the investigation and expressed confidence in its compliance with established standards.

Arbor Realty Trust, Inc. (NYSE:ABR) successfully reassured investors and restored their confidence with its statement. With a strong presence in the industry since 2003, the company has a proven track record of weathering significant economic challenges, including the Great Financial Crisis, the 2020 pandemic, and the inflation surge accompanied by Federal Reserve rate hikes in 2023. It is one of the best dividend stocks on our list as the company has been paying regular dividends to shareholders since 2012. It currently offers a quarterly dividend of $0.43 per share and has a dividend yield of 13.08%, as of January 23.

During the third quarter of 2024, Arbor Realty Trust, Inc. (NYSE:ABR) generated $88.8 million in revenue, reflecting a 17.2% drop from the same period in the previous year. However, the revenue surpassed analysts’ estimates by $3.10 million. By the quarter’s close, the company maintained a strong financial position, with approximately $600 million in cash and liquidity, supported by a trailing twelve-month operating cash flow of $492 million.

As of the close of Q3 2024, 16 hedge funds, up from 12 in the previous quarter, owned stakes in Arbor Realty Trust, Inc. (NYSE:ABR), according to IM’s database. These stakes have a total value of over $68.2 million.