5 Best Dividend Stocks to Buy Now According to Billionaire Jim Simons

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

Simons’ Stake Value: $3,778,000
Percentage of Jim Simons’ 13F Portfolio: 0.001%
Dividend Yield: 7.65%
No. of Hedge Fund Holders: 21

Arbor Realty Trust, Inc. (NYSE: ABR) is a real estate company whose portfolio mainly targets commercial real estate, single-family rentals, and multifamily segments. The stock ranks fourth in the list of 10 best dividend stocks to buy now according to billionaire Jim Simons. This month, the company announced that it issued 5.00% senior unsecured notes due April 2026, whose principal amount is $175 million. The notes were issued through a private placement. The proceeds will be used for general corporate purposes and also for business-related investments.

Arbor Realty Trust, Inc. (NYSE: ABR) declared a Q1 quarterly dividend of $0.34 per share, a slight gain from the $0.33 per share dividend announced in the previous quarter.