5 Best High Yield Dividend Stocks to Buy in June

3. Annaly Capital Management, Inc. (NYSE: NLY)

Dividend Yield as of June 11: 9.22%
Number of Hedge Fund Holders: 15

Ranking 3rd in the 10 best high yield dividend stocks to buy in June is Annaly Capital Management, Inc. (NYSE:NLY). Annaly Capital Management, Inc. operates as one of the primary mortgage real estate investment trusts in the United States. Earlier this year, the company signed a $2.33 billion deal with Slate Asset Management. The contract states that all commercial real estate assets of NLY will be sold to Slate Asset Management, including some of its representatives. The transaction is targeted to complete in the third quarter of 2021.

Annaly Capital Management, Inc. (NYSE:NLY) posted its net interest income of $763 million in the first quarter of 2021, up from $527 million in the fourth quarter of 2020. Annaly Capital Management, Inc. (NYSE:NLY) currently trades for $9.51 and offers a dividend yield of 9.22%. The 52-week price range of Annaly Capital Management, Inc. (NYSE:NLY) is $6.26-9.64. Shares of NLY jumped 45% over the last twelve months.