5 Russell 2000 Stocks with High Dividend Yields

4. Two Harbors Investment Corp. (NYSE: TWO)

Number of Hedge Fund Holders: 32
Dividend Yield: 10.8%

Two Harbors Investment Corp. (NYSE: TWO) is yet another real estate investment trust on our list of Russell 2000 stocks with high dividend yields, and ranks 4th. The company invests in, finances, and manages residential mortgage-backed securities (RMBS), alongside non-agency securities, mortgage servicing rights, and a range of other assets in the US.

Credit Suisse analyst Douglas Harter holds a Neutral rating on shares of Two Harbors Investment Corp. (NYSE: TWO) as of this June. The analyst also set a $7.50 price target on the stock.

In the second quarter of 2021, Two Harbors Investment Corp. (NYSE: TWO) had an FFO of $0.19, in line with estimates. The company’s revenue was $19.04 million, but missing estimates by $24.47 million. Two Harbors Investment Corp. (NYSE: TWO) has also gained 4.05% year to date and 15.44% in the past year.

By the end of the first quarter of 2021, 32 hedge funds out of the 866 tracked by Insider Monkey held stakes in Two Harbors Investment Corp. (NYSE: TWO) worth roughly $200 million. This is compared to 18 hedge funds in the previous quarter with a total stake value of approximately $58.1 million.