5 High Yield Monthly REIT Dividend Stocks to Buy

2. AGNC Investment Corp. (NASDAQ: AGNC)

Number of Hedge Fund Holders: 19
Dividend Yield: 8.7%

AGNC Investment Corp. (NASDAQ: AGNC) invests in residential mortgage pass-through securities and collateralized mortgage obligations. The company ranks 2nd on our list of high yield monthly REIT stocks to buy.

As of this July, Barclays holds an Overweight rating and $17 price target on shares of AGNC Investment Corp. (NASDAQ: AGNC).

In the second quarter of 2021, AGNC Investment Corp. (NASDAQ: AGNC) had an FFO of $0.76, beating estimates by $0.11. The company’s revenue was $232 million, missing estimates by $90.23 million. AGNC Investment Corp. (NASDAQ: AGNC) has gained 1.12% in the past 6 months and 6.04% 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 AGNC Investment Corp. (NASDAQ: AGNC) worth roughly $151 million. This is compared to 18 hedge funds in the previous quarter with a total stake value of approximately $167 million.