5 Cheap Dividend Stocks to Buy Now

3. AGNC Investment Corp. (NASDAQ:AGNC)

Number of Hedge Fund Holders: 16

Dividend Yield: 8.96%

Share Price as of November 16: $16.02

AGNC Investment Corp. (NASDAQ:AGNC) operates as a real estate investment trust (REIT) in the United States. The company was incorporated in 2008 and is headquartered in Bethesda, Maryland. AGNC Investment Corp. (NASDAQ:AGNC) reported third-quarter earnings this September, the company reported funds from operations per share (FFO) of $0.75 and beat estimates by $0.10. The company’s quarterly revenue came out at $279 million.

On November 11, AGNC Investment Corp. (NASDAQ:AGNC) announced that its Board of Directors have declared a cash dividend of $0.12 per share of common stock for November 2021. The dividend is payable on December 9th to all shareholders of record as of November 30th.

By the end of the third quarter of 2021, 16 hedge funds held stakes in AGNC Investment Corp. (NASDAQ:AGNC). The total value of these stakes was in excess of $81.4 million.

As of September 30th, David Harding of Winton Capital Management is the largest shareholder in the company’s stock. Mr. Harding’s stake in AGNC Investment Corp. (NASDAQ:AGNC) is $3.45 million.