Key Highlights

  • Arbor Realty Trust (NYSE:ABR) has a 53.71% trailing yield, the highest on the screen, and its common Dividend is on hold.
  • PennyMac Mortgage Investment Trust (NYSE:PMT) carries a 20.28% trailing yield, and its chief executive anticipates a dividend reduction.
  • Icahn Enterprises (NASDAQ:IEP) posts a 37.38% trailing Yield and announced a USD 0.50 distribution per unit on November 3, 2026.
  • UWM Holdings (NYSE:UWMC) posted third quarter Net Income of USD 212.6 million on November 4, 2026, with a 25.16% trailing yield.

1. Arbor Realty Trust (NYSE:ABR)

At USD 1.79, up 2.29%, Arbor Realty Trust (NYSE:ABR) had a market cap of USD 329.68 million and a 53.71% trailing yield in the November 4, 2026 capture. Trailing yields climb when prices fall or a one-time payment is counted, so the ABR figure may describe the past more than the future. The company is temporarily halting its quarterly common dividend, meaning the trailing figure reflects earlier payments rather than a current payout. The loss and the suspension are drawn from one coverage page, not the 8-K. The screen shows a loss per share of USD 0.62 and an analyst rating of Sell. Published coverage said Arbor posted a third quarter 2026 net loss of USD 85.4 million, compared with a profit of USD 38.5 million a year earlier. The concern: 53.71% measures history, the next payout is on hold, and the figures rely on a lone coverage page. Coverage of the quarter was limited, so the headline numbers should be read as provisional.

2. PennyMac Mortgage Investment Trust (NYSE:PMT)

At USD 8.11, up 2.79%, PennyMac Mortgage Investment Trust (NYSE:PMT) had a market cap of USD 707.21 million, a 20.28% trailing yield and a P/E of 17.31 on the capture date of November 4, 2026. A yield above 20% usually reflects a depressed price against past payouts, so for PMT it is a risk marker rather than a promise of income. The dividend was USD 0.40 per share, and the chief executive said the company expects a cut to fund buybacks. The screen lists trailing EPS of USD 0.47 and a Neutral rating, but EPS conflicts with the reported loss and is unverified. PennyMac reported a third quarter net loss to common shareholders of USD 36 million on October 29, 2026. The risk is that an expected lower dividend means the 20.28% trailing yield overstates the forward payout.

3. MFA Financial (NYSE:MFA)

Quoted at USD 6.57, down 1.13%, MFA Financial (NYSE:MFA) had a market cap of USD 663.64 million, a 21.69% trailing yield and a P/E of 6.56 on the November 4, 2026 capture. MFA is on the list because the screen orders names by trailing yield, a year of payouts relative to price. GAAP Book Value was USD 11.12 per share, which places the USD 6.57 screen quote near 59% of it, a simple calculation. The screen gives trailing EPS of USD 1.00, with the P/E at 6.56, and those figures clash with the GAAP loss and are unverified. The screen also lists an analyst rating of Buy. The concern: the payout exceeds distributable earnings, management's own measure does not cover it, and screen EPS does not match the filing.

4. Icahn Enterprises (NASDAQ:IEP)

Priced at USD 5.55, up 3.64%, Icahn Enterprises (NASDAQ:IEP) had a market cap of USD 3.94 billion and a 37.38% trailing yield on the November 4, 2026 capture. A trailing yield climbs when prices drop or one-time payments are counted, so the IEP figure can describe the past more than what comes next. The USD 0.50 per unit distribution is due around December 23, 2026, for holders of record on November 16, 2026. Four payments of USD 0.50 total USD 2.00, about 36% of USD 5.55, a simple calculation. Indicative net asset value was roughly USD 3.5 billion on September 30, 2026. The concern: a USD 225 million loss marked the quarter that funds this payout, so returns hinge on asset prices and hedging outcomes.

5. UWM Holdings (NYSE:UWMC)

Trading at USD 1.80, up 13.21%, UWM Holdings (NYSE:UWMC) had a market cap of USD 2.89 billion and a 25.16% trailing yield on the November 4, 2026 capture. A yield above 20% frequently signals a depressed price against earlier payouts, so UWMC is a risk marker rather than a promise of income. The release did not state a common dividend per share, so the 25.16% trailing yield remains unverified. The screen shows a loss per share of USD 0.08, which conflicts with the reported profit, and a Neutral rating. UWM reported third quarter total Revenue of USD 811.1 million, net income of USD 212.6 million and diluted EPS of USD 0.09 per Class A share. The risk is that the yield cannot be matched to a declared dividend, and that screen EPS disagrees with the release.

Where Things Stand

A cut has already occurred at Arbor Realty Trust (NYSE:ABR), which halted its common dividend, while the PennyMac chief executive expects a reduction. For MFA, IEP and UWMC the material reviewed states no cut, but gaps remain: MFA paid more than its distributable earnings, and the UWM dividend could not be confirmed. The screen ranks stocks by trailing yield, a year of payouts relative to today's price. A very high yield can point to a depressed price or a payout at risk of reduction, so it works as a warning sign, and the newest declaration carries more weight than the trailing figure. Investors weighing these names should treat each cut signal as a separate question, since a suspended payout, an expected reduction and an unconfirmed declaration carry very different meanings for future income.