5 Extreme Dividend Stocks with Huge Upside

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Below we presented the list of 5 Extreme Dividend Stocks with Huge Upside. For our detailed discussion and a more comprehensive list please see 15 Extreme Dividend Stocks with Huge Upside

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

No of HFs: 27

Total Value of HF Holdings: $337 Million

The fifth extreme dividend stock with huge upside is NLY. The company is one of the leading diversified capital managers that invests in and finances residential and commercial assets. Recently, the company announced its Board of Directors has authorized a new share repurchase program. The company may repurchase up to $1.5 billion of its outstanding shares of common stock through December 31, 2021.

The top hedge fund holder of this stock is D.E Shaw’s DE Shaw, which had $143 million invested in the stock at the end of September. An insider purchased 200,000 shares at around $5. The stock is up 60% since then. NLY offers a 10.62% dividend yield at the moment.

Annaly Capital Management, Inc. (NYSE:NLY)

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