5 Best Dividend Stocks Yielding at Least 7% According to Hedge Funds

In this article, we will take a look at the 5 Best Dividend Stocks Yielding at Least 7% According to Hedge Funds. For a deeper discussion and analysis, read 10 Best Dividend Stocks Yielding at Least 7% According to Hedge Funds.

5 Best Dividend Stocks Yielding at Least 7% According to Hedge Funds

Photo by Karolina Grabowska from Pexels

5. SITE Centers Corp. (NYSE:SITC)

Number of Hedge Fund Holders: 29

Dividend Yield as of April 25: 9.34%

On April 22, Piper Sandler analyst Alexander Goldfarb raised the firm’s price recommendation on SITE Centers Corp. (NYSE:SITC) to $6 from $5.50 ahead of quarterly results. The firm maintained a Neutral rating on the shares.

During the Q4 2025 earnings call, the company described 2025 as a very active year focused on unlocking value and returning capital to shareholders. It reported the sale of 14 properties for a total of $752.5 million. Over the same period, it declared total dividends of $6.75 per share. The company also said it had fully repaid all consolidated mortgage debt.

President and CEO David R. Lukes stated that the remaining wholly owned retail real estate assets were being marketed for sale, as the company continued to focus on maximizing shareholder value. He added that, following the spinoff of Curbline Properties, SITE Centers had already sold more than 66% of its assets based on net operating income as of December 31, 2024, on a pro rata basis. He also said the company was continuing to return the remaining capital to shareholders.

SITE Centers Corp. (NYSE:SITC) owns and manages open-air shopping centers, primarily located in suburban, household-income communities. It operates as a self-administered and self-managed real estate investment trust, functioning as a fully integrated real estate company.

4. Nomad Foods Limited (NYSE:NOMD)

Number of Hedge Fund Holders: 32

Dividend Yield as of April 25: 7.13%

On April 14, Barclays lowered its price recommendation on Nomad Foods Limited (NYSE:NOMD) to $12 from $13. It reiterated an Overweight rating on the shares. The change came as part of a broader Q1 preview across the consumer staples group. The firm said it is showing “growing caution” on the sector heading into earnings, mainly due to higher input costs. In food, the analyst also pointed to “building concerns” around the sustainability of dividends for some companies.

On March 30, Deutsche Bank analyst Steve Powers downgraded Nomad Foods to Hold from Buy and lowered the price target to $10 from $15. The firm said the Iran conflict is creating cost pressure on oil and energy-linked inputs. It also flagged potential demand headwinds tied to weaker consumer sentiment in Europe. The analyst added that the company has limited pricing power and faces trade-down risk.

Nomad Foods Limited (NYSE:NOMD) operates as a frozen food company with a portfolio of well-known brands. Its brands include Birds Eye, Findus, iglo, Ledo, and Frikom. The company offers a range of frozen products across categories such as fish, vegetables, poultry, meals, pizza, and ice cream.

3. Dynex Capital, Inc. (NYSE:DX)

Number of Hedge Fund Holders: 35

Dividend Yield as of April 25: 14.83%

On April 20, JonesResearch analyst Jason Weaver lowered the firm’s price recommendation on Dynex Capital, Inc. (NYSE:DX) to $14.75 from $15.25. It reiterated a Buy rating following the Q1 report. The firm said spread volatility is creating “near-term noise,” but it also extends Dynex’s runway for attractive asset deployment. Mortgage spreads widened in the back half of the quarter, though the company’s hedging portfolio performed well.

The company reported Q1 2026 earnings on April 20. Book value was $12.60 per share at quarter-end. Chief Financial Officer Sartori said economic return for the period was negative 2.5%. This included $0.51 per share in common dividends and a $0.85 per share decline in book value. He also noted that leverage closed the quarter at 8.6x relative to total equity. At the same time, the company maintained a strong liquidity position, with $1.3 billion in cash and unencumbered securities. This represented more than 46% of total equity at the end of the quarter.

Dynex Capital, Inc. (NYSE:DX) operates as a financial services company and is structured as an internally managed mortgage REIT. It invests primarily in mortgage-backed securities and finances these investments mainly through repurchase agreements.

2. The Wendy’s Company (NASDAQ:WEN)

Number of Hedge Fund Holders: 36

Dividend Yield as of April 25: 7.84%

On April 24, Bank of America analyst Sara Senatore lowered the firm’s price recommendation on The Wendy’s Company (NASDAQ:WEN) to $7 from $8. It reiterated an Underperform rating on the shares. The update reflects revised estimates across the firm’s restaurant coverage ahead of calendar Q1 earnings.

On April 21, Wendy’s announced the opening of its 100th Wendy’s restaurant in the Philippines. The new location is in Angeles City, Province of Pampanga, along Friendship Highway. The restaurant is owned and operated by Wenphil Corp. The milestone highlights the brand’s long-term commitment to one of Southeast Asia’s fastest-growing quick-service restaurant markets.

Wendy’s has built its presence in the Philippines over more than 40 years, reaching 100 locations as demand in the QSR segment continues to grow. Frequent customer visits have supported further expansion. The company sees the Philippines as a key growth market and is expanding with Wenphil Corp., which plans to reach 200 locations by 2030. Management said the milestone reflects strong momentum in the market, supported by partnerships and a continued focus on quality, convenience, and localized offerings.

The Wendy’s Company (NASDAQ:WEN) operates, develops, and franchises quick-service restaurants. Its menu includes made-to-order square hamburgers using beef, along with items such as the Spicy Chicken Sandwich and nuggets, the Baconator, and the Frosty dessert.

1. Robert Half Inc. (NYSE:RHI)

Number of Hedge Fund Holders: 38

Dividend Yield as of April 25: 9.22%

On April 21, William Blair upgraded Robert Half Inc. (NYSE:RHI) to Outperform from Market Perform. It said the stock’s risk/reward is “too compelling to ignore.” Sentiment has been weak for some time, but the analyst noted early signs of improvement based on recent conversations with investors. The view is that sentiment could continue to shift as estimates move higher. William Blair’s scenario analysis points to about 40% upside for both Robert Half and Kforce in a base-case scenario over the next 12 months. In a stronger cyclical rebound, the firm sees “much more upside potential.”

During the Q1 2026 earnings call, management shared its outlook for the second quarter. The company’s revenue is expected to range between $1.275 billion and $1.375 billion, while EPS is projected at $0.20 to $0.30. Executive VP & CFO Michael Buckley added that, excluding the impact of a severance charge, EPS is expected to come in between $0.23 and $0.33.

Robert Half Inc. (NYSE:RHI) provides specialized talent solutions and business consulting services under the Robert Half and Protiviti brands. The company operates through three segments: contract talent solutions, permanent placement talent solutions, and Protiviti.

While we acknowledge the potential of RHI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RHI and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 10 Best May Dividend Stocks to Buy and 10 Canadian Stocks with Highest Dividends

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.