5 High Yield Monthly REIT Dividend Stocks to Buy

3. Dynex Capital, Inc. (NYSE: DX)

Number of Hedge Fund Holders: 9
Dividend Yield: 8.7%

Dynex Capital, Inc. (NYSE: DX), a real estate investment trust (REIT) based in Virginia, US, is next on our list of high yield monthly REIT stocks to buy, ranking 3rd. The company invests in mortgage-backed securities on a leveraged basis in the US.

In the second quarter of 2021, Dynex Capital, Inc. (NYSE: DX) had an FFO of $0.51, beating estimates by $0.04. The company’s revenue was $12.12 million, missing estimates by $2.96 million. Dynex Capital, Inc. (NYSE: DX) has gained 1.08% year to date and 12.75% in the past year.

By the end of the second quarter of 2021, 9 hedge funds out of the 873 tracked by Insider Monkey held stakes in Dynex Capital, Inc. (NYSE: DX) worth roughly $27 million. This is compared to 8 hedge funds in the previous quarter with a total stake value of approximately $24 million.