5 Russell 2000 Stocks with High Dividend Yields

3. ARMOUR Residential REIT, Inc. (NYSE: ARR)

Number of Hedge Fund Holders: 9
Dividend Yield: 11.5%

ARMOUR Residential REIT, Inc. (NYSE: ARR), a real estates investment trust investing in residential mortgage-backed securities (RMBS) ranks 3rd on our list of Russell 2000 stocks with high dividend yields. The company is based in Florida, US.

Ladenburg’s Christopher Nolan and B. Riley’s Matt Howlett both have Neutral ratings on ARMOUR Residential REIT, Inc. (NYSE: ARR). B. Riley’s rating came alongside an $11.50 price target this July as well.

In the second quarter of 2021, ARMOUR Residential REIT, Inc. (NYSE: ARR) had an FFO of $0.21, missing estimates by $0.07. The company’s revenue was $16.7 million, higher than the previous quarter’s revenue of $16.06 million. ARMOUR Residential REIT, Inc. (NYSE: ARR) has also gained 9.5% in the past year.

By the end of the first quarter of 2021, 9 hedge funds out of the 866 tracked by Insider Monkey held stakes in ARMOUR Residential REIT, Inc. (NYSE: ARR) worth roughly $22.2 million. This is compared to 13 hedge funds in the previous quarter with a total stake value of approximately $23.5 million.