This article presents an overview of Top 5 Ultra High Yield Dividend Stocks to Buy. For a detailed overview of such stocks read our article, Top 12 Ultra High Yield Dividend Stocks to Buy.
5. Service Properties Trust (NASDAQ:SVC)
Number of Hedge Fund Investors: 21
Newton, Massachusetts-based REIT Service Properties Trust (NASDAQ:SVC) is one of the ultra-high yield dividend stocks, with a 12% yield.
As of the end of the fourth quarter of 2023, 21 hedge funds out of the 933 funds tracked by Insider Monkey reported owning stakes in Service Properties Trust (NASDAQ:SVC). TWO 20
4. Brandywine Realty Trust (NYSE:BDN)
Number of Hedge Fund Investors: 22
Pennsylvania-based REIT Brandywine Realty Trust (NYSE:BDN) shares were spotted in 22 hedge fund portfolios as of the end of 2023. The biggest stakeholder in Brandywine Realty Trust (NYSE:BDN) is Ken Griffin’s Citadel Investment Group which owns a $12 million stake in Brandywine Realty Trust (NYSE:BDN).
3. Vodafone Group Plc (NASDAQ:VOD)
Number of Hedge Fund Investors: 24
UK-based telecom giant Vodafone Group Plc (NASDAQ:VOD) ranks third in our list of the ultra-high dividend stocks popular among hedge funds.
Insider Monkey’s database of 933 hedge funds shows that 24 hedge funds reported owning stakes in Vodafone Group Plc (NASDAQ:VOD). Steven Tananbaum’s GoldenTree Asset Management owns a $37 million stake in Vodafone Group Plc (NASDAQ:VOD).
2. Leggett & Platt Inc (NYSE:LEG)
Number of Hedge Fund Investors: 24
Leggett & Platt Inc (NYSE:LEG) makes components for bedding, home, office, automobiles and airplanes. With a dividend yield close to 10% as of April 17 and 24 hedge fund investors, Leggett & Platt Inc (NYSE:LEG) ranks second in our list of the ultra-high yield dividend stocks.
1. Ardagh Metal Packaging SA (NYSE:AMBP)
Number of Hedge Fund Investors: 27
Headquartered in Luxembourg, Ardagh Metal Packaging SA (NYSE:AMBP) is one of the ultra-high yield dividend stocks popular among hedge funds. The packaging solutions company’s stock was in the portfolios of 27 smart money investors tracked by Insider Monkey.
The biggest hedge fund stakeholder of Ardagh Metal Packaging SA (NYSE:AMBP) during this period was Joshua Friedman and Mitchell Julis’s Canyon Capital Advisors which owns a $39 million stake in Ardagh Metal Packaging SA (NYSE:AMBP).
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