You Won't Want to Miss This Under-the-Radar High-Yield Stock
Mortgage-focused real estate investment trusts (REITs) are known for their eye-popping dividend yields. Many companies in the sector currently offer payouts above 10%. However, those higher yields come with more risk. Several mortgage REITs have had to slash or suspend their dividends in the past, while many more have struggled to consistently increase their payouts.
The mortgage REIT sector's checkered past makes Arbor Realty Trust (NYSE: ABR) stand out. The relatively unknown REIT has defied the odds by steadily increasing its high-yield dividend over the last several years.
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Source Fool.com
