5 Dividend Stocks to Buy According to Kenneth Tropin’s Graham Capital Management

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

Dividend Yield as of June 22: 11.70%
Graham Capital Management’s Stake Value: $7,460,000

Arbor Realty Trust, Inc. (NYSE:ABR) is a New York-based real estate investment trust that provides debt capital for multifamily loan and commercial industries. The company delivered strong Q1 results, with its net interest income standing at $84.1 million, up 71.9% from the same period last year. Moreover, its EPS of $0.55 beat market estimates by $0.11.

Arbor Realty Trust, Inc. (NYSE:ABR) holds a 7-year track record of consistent dividend growth. The company offers a quarterly payout of $0.38 per share, up 12% from a prior-year quarter. Its payout ratio stands at 67.2% and the dividend yield came in at 11.70%, as of June 22’s close.

In April, Piper Sandler initiated its coverage of Arbor Realty Trust, Inc. (NYSE:ABR) with an Overweight rating and a $20 price target, highlighting the company’s diversified business model. Graham Capital opened its position in Arbor Realty Trust, Inc. (NYSE:ABR) during the fourth quarter of 2021 and increased its position by 795% in the recent quarter. The hedge fund owned 437,285 ABR shares at the end of Q1, with a total value of over $7.4 million. The company made up 0.25% of Kenneth Tropin’s portfolio.

According to Insider Monkey’s Q1 database, 14 hedge funds owned stakes in Arbor Realty Trust, Inc. (NYSE:ABR), up from 13 in the previous quarter. These stakes hold a consolidated value of over $92.5 million. Marshall Wace LLP was one of the company’s prominent shareholders in Q1.

You can also take a look at 10 Best Fertilizer Stocks To Buy Now and 10 Stocks to Sell According to Billionaire Daniel Sundheim

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