5 Best High Yield Finance Dividend Stocks

In this article, we will be looking at the 5 best high yield finance dividend stocks. If you want to see our detailed analysis of financial stocks, you can go directly to the 10 Best High Yield Finance Dividend Stocks.

5. TriplePoint Venture Growth BDC Corp. (NYSE: TPVG)

Number of Hedge Fund Holders: 6
Dividend Yield: 9.3%

TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) is a closed-end management investment company. It ranks 5th on our list of the best high yield finance dividend stocks and operates as a business development company under the Investment Company Act, 1940.

This July, Piper Sandler analyst Crispin Love began covering TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) shares. Love has put an Overweight rating and a $17 price target on the shares commenting on TriplePoint Venture Growth BDC Corp.’s (NYSE: TPVG) “attractive” portfolio with a focus on technology companies.

In the first quarter of 2021, TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) had an NII of $0.29, missing estimates by $0.08. The company’s TII was $19.97 million, also missing estimates by $2.86 million. TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) has however gained 9.46% in the past 6 months and 22.4% year to date.

By the end of the first quarter of 2021, 6 hedge funds out of the 866 tracked by Insider Monkey held stakes in TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) worth roughly $10.08 million. This is compared to 6 hedge funds in the previous quarter with a total stake value of approximately $10.2 million.