5 Dividend Stocks People Buy for Early Retirement

2. Annaly Capital Management, Inc. (NYSE: NLY)

Number of Hedge Fund Holders: 19
Dividend Yield: 10.3%

Annaly Capital Management, Inc. (NYSE: NLY), a diversified capital manager and real estate investment trust, invests in residential and commercial assets. The company ranks 2nd on our list of dividend stocks people buy for early retirement.

Keefe Bruyette reiterated a Market Perform rating on shares of Annaly Capital Management, Inc. (NYSE: NLY) this June.

In the second quarter of 2021, Annaly Capital Management, Inc. (NYSE: NLY) had an FFO of $0.30, beating estimates by $0.02. The company’s revenue was $239.77 million, missing estimates by $185.72 million. Annaly Capital Management, Inc. (NYSE: NLY) has gained 3.52% year to date and 14.67% in the past year.

By the end of the second quarter of 2021, 19 hedge funds out of the 873 tracked by Insider Monkey held stakes in Annaly Capital Management, Inc. (NYSE: NLY) worth roughly $98.2 million. This is compared to 15 hedge funds in the previous quarter with a total stake value of approximately $140 million.