5 High Yield Dividend Stocks to Buy in September

3. Two Harbors Investment Corp. (NYSE: TWO)

Number of Hedge Fund Holders: 30
Dividend Yield: 10.4%

Two Harbors Investment Corp. (NYSE: TWO) is a mortgage REIT that invests in residential mortgage-backed securities, non-agency securities, and other assets in the US. The company ranks 3rd on our list of high yield dividend stocks to buy in September.

This June, analysts at Credit Suisse placed a Hold rating on shares of Two Harbors Investment Corp. (NYSE: TWO), alongside a $7.50 price target.

In the second quarter of 2021, Two Harbors Investment Corp. (NYSE: TWO) had an FFO of $0.19, beating the previous quarter’s FFO of $0.17. The company’s revenue was $19.04 million, missing estimates by $24.47 million. Two Harbors Investment Corp. (NYSE: TWO) has gained 4.85% year to date and 20.67% in the past year.

By the end of the second quarter of 2021, 30 hedge funds out of the 873 tracked by Insider Monkey held stakes in Two Harbors Investment Corp. (NYSE: TWO) worth roughly $160 million. This is compared to 32 hedge funds in the previous quarter with a total stake value of approximately $200 million.