5 Dogs of the Russell 2000

In this article, we discuss 5 Dogs of the Russell 2000. If you want to read our detailed analysis of the performance of small-cap and dividend stocks over the years, go directly to read 11 Dogs of the Russell 2000. 

5. Dynex Capital, Inc. (NYSE:DX)

Dividend Yield as of January 22: 12.35%
Market Cap as of January 22: $715.4 million 

Dynex Capital, Inc. (NYSE:DX) is an American real estate investment trust company that generates income by acquiring, securitizing, and managing a variety of mortgage-related assets. It is among the dogs of the Russell 2000 as the company has a high dividend yield of 12.35%, as of January 22. Moreover, the company pays monthly dividends to shareholders and its current per-share dividend comes in at $0.13 every month.

At the end of September 2023, 10 hedge funds tracked by Insider Monkey reported having stakes in Dynex Capital, Inc. (NYSE:DX), compared with 12 in the previous quarter. These stakes have a total value of over $61.2 million. With nearly 2 million shares, Millennium Management was the company’s leading stakeholder in Q3.