---
title: "3 Ultra-High Dividend Stocks to Buy With $500 Right Now"
description: "3 Ultra-High Dividend Stocks to Buy With $500 Right Now: Investors are drawn to dividend stocks, particularly the ultra-high yield variety, as they offer a significant income stream and potential for "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/206976359.md"
published_at: "2024-06-22T14:06:52.000Z"
---

# 3 Ultra-High Dividend Stocks to Buy With $500 Right Now

> 3 Ultra-High Dividend Stocks to Buy With $500 Right Now: Investors are drawn to dividend stocks, particularly the ultra-high yield variety, as they offer a significant income stream and potential for massive total returns. Three lower-priced stocks that pay ultra-high dividends and can be purchased with as little as $500 are Arbor Realty Trust, Cato Corporation, and Dynex Capital. These stocks provide opportunities for generating positive total returns and all trade at less than $15 per share.

**24/7 Insights**

-   Those with a higher risk appetite will love ultra-high dividend stocks.
-   Passive income generated from stocks can be huge to investors.
-   Access 2 legendary, high-yield dividend stocks Wall Street loves.

**Investors are drawn** to dividend stocks, particularly the ultra-high yield variety. These stocks offer a significant income stream and the potential for massive total returns. In the context of dividend stocks, total return includes the stock’s appreciation in value and the dividends it pays. This measure of return is a key factor in their appeal.

**At 247 Wall St.,** we consistently emphasize the potential of total return to our readers, as it is one of the most effective ways to enhance the prospects of overall investing success. Once again, total return is the collective increase in a stock’s value plus dividends.

**For younger investors** or those on a tight budget, investing to generate consistent passive income can be daunting because many top dividend stocks trade anywhere from $25 to over $100 per share. Realizing any significant return on investment can be challenging with a small investing capital base of $500.

**We screened our 24/7** Wall St. dividend income database for solid, lower-priced stocks that pay ultra-high dividends. We found three that investors can purchase with as little as $500 and start generating positive total returns and all trade at less than $15 per share.

## **Arbor Realty Trust**

**This company trades** at a ridiculous 8.8 times estimated 2024 earnings and pays a massive 12.18% dividend. Arbor Realty Trust (NYSE: ABR) invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States.

**The company** operates in two segments:

-   Structured Business
-   Agency Business

**Arbor Realty Trust** primarily invests in:

-   Bridge and mezzanine loans, including junior participating interests in first mortgages
-   Preferred and direct equity and real estate-related joint ventures
-   Real estate-related notes
-   Various mortgage-related securities

**The company offers:**

-   Bridge financing products to borrowers who seek short-term capital to be used in an acquisition of property
-   Financing by making preferred equity investments in entities that directly or indirectly own real property
-   Mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower’s equity in a transaction
-   Junior participation financing in the form of a junior participating interest in the senior debt
-   Financing products to borrowers seeking conventional, workforce, and affordable single-family housing

**Further, it underwrites**, originates, sells, and services multifamily mortgage loans through conduit/commercial mortgage-backed securities programs.

## **Cato Corporation**

**Paying shareholders** a gigantic 11.18% dividend, this company, founded in 1946, could attract value buyers at current trading levels. Cato Corp. (NYSE: CATO) and its subsidiaries operate as a specialty fashion apparel and accessories retailer in the southeastern United States.

**It operates** through two segments:

-   Retail
-   Credit

**The company’s stores** and e-commerce websites offer a range of apparel and accessories, including:

-   Dressy, career, and casual sportswear
-   Dresses
-   Coats
-   Shoes
-   Lingerie
-   Costume jewelry
-   Handbags
-   Men’s wear
-   Lines for kids and infants

**It operates** its stores and e-commerce websites under these names:

-   Cato
-   Cato Fashions
-   Cato Plus
-   It’s Fashion
-   Fashion Metro
-   Versona names

**It also provides credit** card services and layaway plans for its customers.

Three Stocks That Have Seen Higher Share Gains Than Super Micro Computer

## **Dynex Capital**

**Paying a hefty 12.96%** dividend, Dynex Capital Inc. (NYSE: DX) is a passive income champion for more aggressive investors. It is a mortgage real estate investment trust that invests in mortgage-backed securities (MBS) on a leveraged basis in the United States.

**It invests in agency** and non-agency mortgage-backed securities (MBS), including residential, commercial, and interest-only securities.

**Agency MBS** has a guarantee of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac.

**Non-agency MBS** has no such payment guarantee. The company has qualified as a real estate investment trust for federal income tax purposes. It is generally not subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders as dividends.

∴

## Buffett Missed These Two…

Warren Buffett loves dividend stocks, and has stuffed Berkshire with some of his favorites.

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The post 3 Ultra-High Dividend Stocks to Buy With $500 Right Now appeared first on 24/7 Wall St..

### Related Stocks

- [CATO.US - Cato](https://longbridge.com/en/quote/CATO.US.md)
- [ABR.US - Arbor Realty Trust](https://longbridge.com/en/quote/ABR.US.md)
- [DX.US - Dynex Capital](https://longbridge.com/en/quote/DX.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 惠誉将 Arbor Realty Trust Inc.的商业特别服务评级上调至 CSS2- | Fitch 已将 Arbor Realty Trust Inc.的子公司 Arbor Multifamily Lending, LLC 的商业特殊服务商评级提升至 CSS2-，展望稳定。商业主要服务商评级维持在 CPS2+，展望稳定。Fit | [Link](https://longbridge.com/en/news/274650878.md) |
| Dynex Capital (DX) 将在周一公布财报 | Dynex Capital（纽约证券交易所代码：DX）将于 1 月 26 日发布 2025 年第四季度财报，分析师预计每股收益为 0.48 美元，收入为 5940 万美元。该公司最近宣布每月派发 0.17 美元的股息，支付日期为 2 月 2 | [Link](https://longbridge.com/en/news/272936670.md) |
| SG Americas Securities LLC 增加了在 Dynex Capital, Inc. $DX 的股票持仓 | SG Americas Securities LLC 在第三季度将其在 Dynex Capital, Inc. (NYSE:DX) 的持股增加了 557.1%，目前持有 156,172 股，价值 192 万美元。其他投资者也显著增加了他们的 | [Link](https://longbridge.com/en/news/272681314.md) |
| Dynex Capital 的董事会成员 Joy Palmer 将在年度会议后卸任 | Dynex Capital Inc. 宣布 Joy Palmer 将不寻求在 2026 年股东年会上连任董事会成员，尽管她将在该会议之前继续任职 | [Link](https://longbridge.com/en/news/272877417.md) |
| Dynex Capital 报告 2025 年业绩强劲，并加强了领导层 | Dynex Capital 报告了强劲的 2025 年业绩，第四季度每股经济回报为 1.29 美元，全年为 2.75 美元。公司每股账面价值增加至 13.45 美元，并宣布每股派息 2.00 美元。Dynex 筹集了 12 亿美元的股本，并 | [Link](https://longbridge.com/en/news/273709088.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
