5 High-Yield Monthly Dividend Stocks to Buy in November

4. American Finance Trust, Inc. (NASDAQ:AFIN)

Number of Hedge Fund Holders: 13

Dividend Yield: 9.9%

American Finance Trust, Inc. (NASDAQ:AFIN), a retail REIT listed on the Nasdaq, is next on our list of high-yield monthly dividend stocks to buy in November. The company ranks fourth and manages a diversified portfolio of primarily service-oriented and traditional retail and distribution-oriented commercial properties in the US.

Colliers analyst Barry Oxford holds a Neutral rating on shares of American Finance Trust, Inc. (NASDAQ:AFIN) as of this June, alongside a $10 price target.

The second quarter earnings report for American Finance Trust, Inc. (NASDAQ:AFIN) showed an FFO of $0.23, in line with estimates, and a revenue of $81.58 million, beating estimates by $0.78 million. The revenue was also up 8.87% year over year. American Finance Trust, Inc. (NASDAQ:AFIN) has also gained 14.59% year to date and 45.58% in the past year.

In the second quarter of 2021, 13 hedge funds out of 873 held stakes in American Finance Trust, Inc. (NASDAQ:AFIN) worth $25.2 million. In comparison, seven hedge funds held stakes in the company worth $12 million in the previous quarter.