5 Best Dividend Stocks to Buy According to Billionaire George Soros

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

Soros’s Stake Value: $680,000
Percentage of George Soros’s 13F Portfolio: 0.001%
Dividend Yield: 7.33%
Number of Hedge Fund Holders: 21

Arbor Realty Trust, Inc. (NYSE: ABR) is a real estate investment trust, which provides loans for residential buildings, hospitals, and commercial buildings. The company was incorporated in 2003 and is placed third on our list of 10 best dividend stocks to buy according to billionaire George Soros. Arbor Realty Trust, the stock has returned more than 93% to investors over the past year.

Arbor Realty Trust stock is a good option for income investors as the firm pays a consistent dividend. On May 7, the company announced a quarterly dividend of $0.34 per share. The forward yield is 7.09%. The company also declared its Q1 2021 net income of $48.96 million, up 19.9% YoY, beating the estimates by $2.66 million. 

Soros Fund Management holds 43,295 shares in the real estate company worth over $688,000. At the end of the first quarter of 2021, 21 hedge funds in the database of Insider Monkey held stakes worth $103.59 million in Arbor Realty Trust, Inc. (NYSE: ABR), up from 14 the preceding quarter worth $68.49 million.