5 High Yield Dividend Stocks to Buy in September

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

Number of Hedge Fund Holders: 19
Dividend Yield: 10.4%

Annaly Capital Management, Inc. (NYSE: NLY), a mortgage REIT, is based in New York and invests in residential and commercial assets, among others. The company ranks 4th on our list of high yield dividend stocks to buy in September.

This June, Keefe Bruyette placed a Market Perform rating on shares of Annaly Capital Management, Inc. (NYSE: NLY), alongside a price target of $9.50.

In the second quarter of 2021, Annaly Capital Management, Inc. (NYSE: NLY) had an FFO of $0.30, beating estimates by $0.02. The company’s revenue was $239.77 million, missing estimates by $185.72 million. Annaly Capital Management, Inc. (NYSE: NLY) has gained 2.56% in the past 6 months and 4.68% year to date.

By the end of the second quarter of 2021, 19 hedge funds out of the 873 tracked by Insider Monkey held stakes in Annaly Capital Management, Inc. (NYSE: NLY) worth roughly $98.2 million. This is compared to 15 hedge funds in the previous quarter with a total stake value of approximately $140 million.