5 Extreme Dividend Stocks With Upside Potential

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

Number of Hedge Fund Holders: 18  

Forward Dividend Yield: 7.35%      

Arbor Realty Trust, Inc. (NYSE:ABR) recently closed a commercial real estate mortgage loan securitization worth $1.5 billion. The company, one of the extreme dividend stocks with upside potential, invests in commercial real estate markets across the US. Earlier this month, it priced a $173 million preferred stock offering. In July, the firm had raised the quarterly dividend by 3% to $0.35 per share. 

In earnings results for the second quarter, Arbor Realty Trust, Inc. (NYSE:ABR) reported a net interest income of $58 million over the period, up more than 40% year-on-year and beating expectations by $4.5 million. 

At the end of the second quarter of 2021, 18 hedge funds in the database of Insider Monkey held stakes worth $109 million in Arbor Realty Trust, Inc. (NYSE:ABR), down from 21 in the previous quarter worth $103 million.