5 Safe Dividend Stocks With Over 5% Yield

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

Dividend Yield as of June 21: 11.82%

Arbor Realty Trust, Inc. (NYSE:ABR) is an American real estate investment trust that provides loan origination services for multifamily, senior housing, and other commercial buildings. The company pays a quarterly dividend of $0.38 per share, raising it for the 7^th consecutive year in February. The stock’s dividend yield stood at 11.82%, as of the close of June 21.

In Q1 2022, Arbor Realty Trust, Inc. (NYSE:ABR) delivered stronger than expected results, posting an EPS of $0.55, which topped estimates by $0.11. Its net interest income fell in line with the consensus at $84.1 million and showed 71.9% year-over-year growth. In April, Piper Sandler initiated its coverage of Arbor Realty Trust, Inc. (NYSE:ABR) with an Overweight rating and a $20 price target. The firm appreciated the company’s diversified revenue model and earnings growth.

As per Insider Monkey’s database, 14 hedge funds owned stakes in Arbor Realty Trust, Inc. (NYSE:ABR) in Q1, worth $92.5 million. In the previous quarter, 13 hedge funds held positions in the company, with stakes valued at roughly $100 million.

You can also take a look at Top Stock Picks of Michael Burry and 10 Low Beta Dividend Stocks with High Yields

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