5 Cheap Dividend Stocks that Will Help You Retire Before 40

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

Number of Hedge Fund Holders: 18
Dividend Yield: 7.71%

Stock Price as of August 23: $17.80

Arbor Realty Trust, Inc. (NYSE: ABR) is a company working to invest in a diversified portfolio of structured finance assets in the multifamily, single-family, rental, and commercial real estate markets in the US. It ranks 4th on our list of cheap dividend stocks that will help you retire before 40. The company operates through its Structured Business and Agency Business segments.

This April, Charlie Arestia, an analyst at JPMorgan, raised his price target on shares of Arbor Realty Trust, Inc. (NYSE: ABR) to $18. He also reiterated an Overweight rating on Arbor Realty Trust, Inc. (NYSE: ABR) shares.

In the second quarter of 2021, Arbor Realty Trust, Inc. (NYSE: ABR) had an FFO of $0.51, beating estimates by $0.07. The company’s revenue was $58.77 million, up 40.67% year over year and beating estimates by $4.50 million. Arbor Realty Trust, Inc. (NYSE: ABR) has gained 6.17% in the past 6 months and 25.69% year to date.

By the end of the second quarter of 2021, 18 hedge funds out of the 873 tracked by Insider Monkey held stakes in Arbor Realty Trust, Inc. (NYSE: ABR) worth roughly $109 million. This is compared to 21 hedge funds in the previous quarter with a total stake value of approximately $103 million.