5 Monthly Dividend Stocks with Over 5% Yield

In this article, we discuss 5 monthly dividend stocks with over 5% yield. If you want our detailed analysis of these stocks, go directly to 10 Monthly Dividend Stocks with Over 5% Yield. 

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

Dividend Yield as of January 27: 9.92%

Number of Hedge Fund Holders: 7

Dynex Capital, Inc. (NYSE:DX) is a Virginia-based real estate investment trust that generates dividend income and long-term returns for shareholders by financing real estate assets across the United States. Dynex Capital, Inc. (NYSE:DX) offers shareholders a 9.92% dividend yield as of January 27. The REIT beat market consensus for earnings in the third quarter of 2021.

On January 13, Dynex Capital, Inc. (NYSE:DX) declared a $0.13 per share monthly dividend, in line with previous. The dividend will be distributed on February 1, to shareholders of record on January 24. 

Among the hedge funds monitored by Insider Monkey in Q3 2021, 7 hedge funds reported owning stakes in Dynex Capital, Inc. (NYSE:DX), equaling approximately $13 million, as compared to 9 funds holding stakes worth $26.8 million in Dynex Capital, Inc. (NYSE:DX) in the preceding quarter. Marshall Wace LLP is the largest stakeholder of the company in the third quarter, holding 296,649 shares, valued at $5.1 million.