5 Extreme Dividend Stocks With Upside Potential

In this article, we discuss the 5 extreme dividend stocks with upside potential. If you want to read our detailed analysis of these stocks, go directly to the 10 Extreme Dividend Stocks With Upside Potential.

5. Blackstone Mortgage Trust, Inc. (NYSE:BXMT)

Number of Hedge Fund Holders: 12

Forward Dividend Yield: 7.64%   

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) recently announced that it planned to raise $400 million through a senior notes offering. The company, which operates as a real estate finance firm, beat market expectations on earnings per share and revenue in the second quarter. It thus earned a place on this extreme dividend stock list. The company was one of the few in the real estate sector that delivered double-digit returns to investors last year. So far this year, the stock is up 17%. 

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) has managed to sustain business through the uncertainties of the pandemic because of disciplined underwriting. The company declared a quarterly dividend of $0.62 per share last month, in line with previous. 

Out of the hedge funds being tracked by Insider Monkey, London-based firm Egerton Capital Limited is a leading shareholder in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) with 3.7 million shares worth more than $118 million.