25 High Dividend Stocks Being Targeted By Short Sellers

11. The Western Union Company (NYSE:WU)

Short % of Float as of April 15: 10.71%

Dividend Yield as of April 28: 9.24%

The Western Union Company (NYSE:WU) ranks eleventh on our list of the dividend stocks targeted by short sellers. The American multinational financial services company offers online payment services in over 200 countries and territories. The share price has struggled over the past five years and is now trading at its lowest point in almost two decades, largely due to the company’s mediocre performance in recent years. The stock is down by nearly 25% since the start of 2025.

The Western Union Company (NYSE:WU)’s recent earnings could impress investors and analysts. Goldman Sachs reduced the firm’s price target on the stock to $10 and maintained a Sell rating on the stock. The analysts believe the overall trends are softer than expected, highlighting ongoing revenue pressures caused by widening spreads and the global move toward digital remittance services. They also noted that Western Union remains exposed to risks tied to shifts in immigration policies across different countries.

In the first quarter of 2025, The Western Union Company (NYSE:WU) reported revenue of $983.6 million, down 6.24% from the same period last year. The revenue missed the analysts’ consensus by $7.44 million. The decline in revenue was mainly attributed to a reduced contribution from Iraq compared to the same period last year. Adjusted EPS came in at $0.41, down from $0.45 a year earlier, primarily due to the lower contribution from Iraq.

That said, The Western Union Company (NYSE:WU)’s cash position provided a sigh of relief to investors. In the most recent quarter, the company generated $148.2 million in operating cash flow, up from $94 million in the prior-year period. At the end of the quarter, it had $1.3 billion available in cash and cash equivalents. Due to this cash position, the company managed to maintain its dividend payments for 20 consecutive years. It offers a quarterly dividend of $0.235 per share and has a dividend yield of 9.25%, as of April 28.