5 Dividend Stocks for the Small-Cap Investor

2. American Finance Trust, Inc. (NASDAQ: AFIN)

Number of Hedge Fund Holders: 13
Dividend Yield: 10.2%

American Finance Trust, Inc. (NASDAQ: AFIN) is a publicly traded real estate investment trust. The company acquires and manages a diversified portfolio of service-oriented and traditional retail and distribution-related commercial real estate properties within America. It ranks 2nd on our list of dividend stocks for the small-cap investor.

This February, B. Riley raised the price target on shares of American Finance Trust, Inc. (NASDAQ: AFIN) to $11, while reiterating a Buy rating on the stock as well.

In the second quarter of 2021, American Finance Trust, Inc. (NASDAQ: AFIN) had an FFO of $0.23, in line with estimates. The company’s revenue was $81.58 million, up 8.87% year over year and beating estimates by $0.78 million.

By the end of the second quarter of 2021, 13 hedge funds out of the 873 tracked by Insider Monkey held stakes in American Finance Trust, Inc. (NASDAQ: AFIN) worth roughly $25 million. This is compared to 7 hedge funds in the previous quarter with a total stake value of approximately $12 million.