The 5 Best Stocks Under $15 That Also Pay Ultra Yield Dividends

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By: Aquib Nawab

Finance

Arbor Realty Trust trades at 6.9 times trailing earnings and offers a massive 12.49% dividend. The company maintains a diversified portfolio in multifamily, single-family rental, and commercial real estate markets. It operates in two key segments: Structured Business and Agency Business.

1 - Arbor Realty Trust (NYSE: ABR)

Credits: Arbor

Within its investment portfolio, Arbor Realty Trust includes bridge and mezzanine loans, real estate-related joint ventures, and more. The company provides bridge financing, preferred equity investments, mezzanine financing, and junior participation financing. Additionally, it offers multifamily mortgage loans through conduit/commercial mortgage-backed securities programs.

Arbor Realty Trust: Real Estate Investments

Credits: Arbor

2 - Energy Transfer LP (NYSE: ET)

Energy Transfer LP pays a substantial 8.71% distribution and owns one of the largest energy asset portfolios in the U.S. Its core operations encompass natural gas midstream, crude oil, NGL transportation, and more.

Credits: PGJ Online

The company expanded its portfolio after acquiring Enable Partners in December 2021, now boasting over 114,000 miles of pipelines across 41 states. Energy Transfer also holds additional assets such as Lake Charles LNG Company, Sunoco LP, and USA Compression Partners, LP.

Energy Transfer LP: Powering America

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KeyCorp offers a 5.60% dividend and operates as the bank holding company for KeyBank National Association. It provides deposit, lending, cash management, and investment services. KeyCorp is also involved in corporate and investment banking through KeyBanc Capital Markets.

3 - KeyCorp (NYSE: KEY)

Credits: Forbes

4 - PennantPark Investment (NASDAQ: PNNT)

PennantPark Investment offers a massive 10.70% dividend and is a business development company specializing in direct investments. The fund focuses on floating rate loans, equity securities, preferred stock, and more.

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PennantPark primarily invests in the United States, targeting middle market companies, and allocates between $2 million and $20 million to various assets. Its portfolio includes senior secured loans and mezzanine debt.

PennantPark Investment: Middle Market Focus

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Vale S.A. offers an impressive 8.93% dividend and is a major player in iron ore and pellet production in Brazil and globally. The company operates in two segments: Iron Solutions and Energy Transition Materials.

5 - Vale S.A. (NYSE: VALE)

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Vale S.A.: Metals and Energy Leader

In the Iron Solutions segment, Vale S.A. produces iron ore, pellets, manganese, and related services. The Energy Transition Materials segment extracts nickel, copper, and precious metals for electric vehicles and construction.

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3 Tech Stocks with Strong Buy Ratings for January 2024