5 High-Yield Dividend Stocks with Payout Ratio Less than 55%

3. Western Asset Mortgage Capital Corporation (NYSE: WMC)

Number of Hedge Fund Holders: 12
Dividend Yield: 8.79%
Payout Ratio: 37%

Western Asset Mortgage Capital Corporation (NYSE: WMC) works to acquire, invest in, finance, and manage a portfolio of agency and non-agency residential mortgage-backed securities and commercial mortgage-back securities, asset-backed securities investments, residential whole-loans, residential bridge loans, securitized commercial loans, and a range of other financial assets. The company ranks 3rd on our list of high-yield dividend stocks with payout ratio less than 55%.

In the second quarter of 2021, Western Asset Mortgage Capital Corporation (NYSE: WMC) had an EPS of $, beating estimates by $. The company’s revenue was $, up % year over year and beating estimates by $. Western Asset Mortgage Capital Corporation (NYSE: WMC) has gained 20.80% in the past year.

By the end of the second quarter of 2021, 12 hedge funds out of the 873 tracked by Insider Monkey held stakes in Western Asset Mortgage Capital Corporation (NYSE: WMC) worth roughly $15 million. This is compared to 8 hedge funds in the previous quarter with a total stake value of approximately $15.1 million.