5 Dividend Stocks with Over 7% Yield

2. Newtek Business Services Corp (NASDAQ:NEWT)

Number of Hedge Fund Holders: 4

Dividend Yield: 9.16%

Established in 1998, Newtek Business Services Corp (NASDAQ: NEWT) provides solutions such as cloud storage, security, IT services, financial loans, insurance, and HR systems to businesses. It ranks second on our list of the 10 dividend stocks with over 7% yield.

By the end of the second quarter of 2021, 4 hedge funds out of the 873 tracked by Insider Monkey held stakes in Newtek Business Services Corp (NASDAQ: NEWT) worth roughly $7.2 million. This is compared to 5 hedge funds in the previous quarter with a total stake value of approximately $5.2 million.