Here's a High-Yield Dividend Stock You Can Trust
As a dividend investor, you want a company that accomplishes two things. One, it should pay out an attractive dividend yield. And two, it should have stable earnings, so that it can consistently make dividend payments you can count on.
Both these qualities are often found in real estate investment trusts (REITs). These are companies that pool together investor capital and use that money to invest in real estate assets. They give ordinary investors an opportunity to invest in real estate and grab a share of the profits, too. Because of their tax structure, REITs tend to pay out more attractive dividend yields than other companies.
One REIT that has caught my eye is Arbor Realty Trust (NYSE: ABR), a provider of real estate loans with a focus on multifamily housing. Arbor Realty posted strong results in 2020 despite a shaky economic backdrop, and it yields an attractive 7.5% dividend at Thursday morning's prices.
Source Fool.com
