5 REIT Dividend Stocks with Over 5% Yields

4. Starwood Property Trust, Inc. (NYSE: STWD)

Number of Hedge Fund Holders: 10
Dividend Yield: 7.3%

Starwood Property Trust, Inc. (NYSE: STWD) is a real estate investment trust that works with commercial and residential first mortgages, non-agency residential mortgages, infrastructure debt investments, and multi-family properties, among other related investments. It ranks 4th on our list of REIT dividend stocks with over 5% yields.

In May, the price target on Starwood Property Trust, Inc. (NYSE: STWD) was raised to $26 over at JPMorgan. Analyst Charles Arestia also retained the firm’s Overweight rating on the stock.

In the first quarter of 2021, Starwood Property Trust, Inc. (NYSE: STWD) had an FFO of $0.50, beating estimates by $0.01. The company’s revenue was $287.23 million, missing estimates by $3.43 million. Starwood Property Trust, Inc. (NYSE: STWD) has also gained about 30.51% in the past 6 months and 33.96% year to date.

By the end of the first quarter of 2021, 10 hedge funds out of the 866 tracked by Insider Monkey held stakes in Starwood Property Trust, Inc. (NYSE: STWD) worth roughly $176 million. This is compared to 13 hedge funds in the previous quarter with a total stake value of about $144 million.