5 Extreme Dividend Stocks With Upside Potential

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1. Iron Mountain Incorporated (NYSE:IRM)

Number of Hedge Fund Holders: 25 

Forward Dividend Yield: 5.52%   

Iron Mountain Incorporated (NYSE:IRM) is a real estate investment trust that invests in  storage and information management services. The company is one of the largest REITs in the world, working with more than 225,000 businesses. The stock has returned more than 63% to investors over the past year. In August, the firm signed a 2.4-megawatt lease with a company that is part of the 100 biggest tech firms in the world according to Fortune magazine. 

Iron Mountain Incorporated (NYSE:IRM) posted a revenue of more than $1.1 billion in the second quarter, up 14% compared to the revenue over the same period last year and beating estimates by $30 million. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Renaissance Technologies is a leading shareholder in Iron Mountain Incorporated (NYSE:IRM) with 372,563 shares worth more than $15 million. 

You can also take a peek at 10 Stocks Reddit’s WallStreetBets is Buying in July 2021 and Forget AMC and Gamestop: 10 New Stocks Reddit’s WallStreetBets Is Buying.

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