Dividend Champions, Contenders and Challengers List: 5 Highest Yielding Stocks

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

Dividend Yield as of May 1: 14.26%

Arbor Realty Trust, Inc. (NYSE:ABR), a New York-based real estate investment trust company, tops our list of the best dividend stocks. It currently offers a quarterly dividend of $0.40 per share and has a dividend yield of 14.26%, as of May 1. The company has been raising its dividends consistently for the past 10 years.

At the end of Q4 2022, 17 funds in Insider Monkey’s database owned stakes in Arbor Realty Trust, Inc. (NYSE:ABR), up from 13 a quarter earlier. These stakes are collectively valued at over $68.5 million.

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