Dividend Contenders List: Top 15

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

Dividend Yield as of November 11: 11.00%

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. Earlier this year, the company encountered challenges as federal prosecutors and the FBI launched an investigation into its commercial mortgage REIT. The investigation is centered on the company’s lending practices and the accuracy of claims about the performance of its loan portfolio. In response, the company emphasized its commitment to cooperating with regulatory inquiries and expressed confidence in its compliance with proper standards. Since the start of 2024, the stock has surged by over 4%.

Arbor Realty Trust, Inc. (NYSE:ABR) reported mixed earnings in the third quarter of 2024. Its revenue of $88.8 million fell by 17.2% from the same period last year. However, the revenue beat analysts’ expectations by $3.10 million. The company had approximately $600 million in cash and liquidity at the end of the quarter. Its cash position is also stable as its trailing twelve-month operating cash flow stands at $492 million.

Arbor Realty Trust, Inc. (NYSE:ABR) is an established player in the industry, having been in operation since 2003. Over the years, it has navigated significant economic challenges, including the Great Financial Crisis, the 2020 pandemic, and the post-inflation surge and Federal Reserve rate hikes in 2023. The company offers a quarterly dividend of $0.43 per share, translating to a dividend yield of 11%, as of November 11. With a track record of increasing dividends for the past 11 years, ABR stands out as one of the top dividend stocks on our dividend contenders list.