5 Dividend Stocks With Over 10% Yield

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In this article, we discuss the 5 dividend stocks with over 10% yield. If you want to read our detailed analysis of these stocks, go directly to the 10 Dividend Stocks With Over 10% Yield.

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

Number of Hedge Fund Holders: 19    

Forward Dividend Yield: 10.35%   

Annaly Capital Management, Inc. (NYSE:NLY) operates as a diversified capital manager and is based in New York. The company beat market estimates on earnings per share by $0.01 in the third quarter. The firm grew the portfolio it owns by around $3 billion between June and September. David Finkelstein, the CEO of the firm, said during the earnings call that the firm grew the portfolio by redeploying proceeds from commercial real estate ventures. 

Annaly Capital Management, Inc. (NYSE:NLY) stock has pulled back in recent weeks on the back of uncertainty around the rise in interest rates. Piper Sandler analyst Kevin Barker has a Neutral rating on the stock with a price target of $8.50. 

Among the hedge funds being tracked by Insider Monkey, Boston-based investment firm Arrowstreet Capital is a leading shareholder in Annaly Capital Management, Inc. (NYSE:NLY) with 4.2 million shares worth more than $37 million. 

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