5 Best Monthly Dividend Stocks to Buy for 2022

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

Number of Hedge Fund Holders: 7
Dividend Yield as of January 30: 9.88%

Dynex Capital, Inc. (NYSE:DX), a real estate investment trust, has been paying dividends for the past 13 years. Currently, the company offers a monthly dividend of $0.13 per share, with a dividend yield of 9.88%.

At the end of Q3 2021, 7 hedge funds in Insider Monkey’s database held roughly $13 million worth of stake in Dynex Capital, Inc. (NYSE:DX). In the previous quarter, 9 hedge funds held stakes in the company, valued at $26.8 million.

In its Q3 earnings, Dynex Capital, Inc. (NYSE:DX) reported an adjusted net income of $27.7 million, presenting a 65.8% growth from the prior-year quarter. The company also posted an FFO of $0.54, versus the estimates of $0.48. Over the last two years, Dynex Capital, Inc. (NYSE:DX) has beaten FFO estimates 75% of the time. As of Q3, Marshall Wace LLP was the company’s largest shareholder, owning shares worth $5.1 million.

You can also take a look at 10 Cheap Monthly Dividend Stocks to Buy Now and 10 Best Monthly Dividend Stocks with High Yields

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