5 Dividend Stocks With Over 8% Yield

3. Ellington Financial Inc. (NYSE:EFC)

Number of Hedge Fund Holders: 10

Dividend Yield as of December 3: 10.58%

Ellington Financial Inc. (NYSE:EFC) acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company was incorporated in 2007 and is headquartered in Connecticut.

This September, Ellington Financial Inc. (NYSE:EFC) reported third-quarter results for 2021. The company reported earnings per share of $0.46 and turned over revenues of $40.15 million.

Out of the 867 funds being tracked by Insider Monkey, 10 hedge funds held stakes in Ellington Financial Inc. (NYSE:EFC) worth $58.99 million by the end of the third quarter of 2021. This is compared to 7 positions in the second quarter, with stakes of $45.14 million.

Israel Englander’s Millennium Management had the most stakes in Ellington Financial Inc. (NYSE:EFC) out of the 10 positions by the end of the third quarter. Millennium Management’s stakes in the company are valued at $21.15 million, up from $3.17 million in the prior quarter.