5 Dividend Stocks With Over 8% Yield

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

Number of Hedge Fund Holders: 15

Dividend Yield as of December 3: 10.72%

Annaly Capital Management, Inc. (NYSE:NLY) acts as a diversified capital manager that invests in and finances residential and commercial assets. The company has elected to be taxed as a real estate investment trust (REIT). The stock has a forward yield of 10.72% and a PE ratio of 7.16 as of December 3rd. Annaly Capital Management, Inc. (NYSE:NLY) was founded in 1996 and is based in New York, New York.

Annaly Capital Management, Inc. (NYSE:NLY) reported its third-quarter earnings this September. The company’s EPS for the fiscal third quarter of 2021 was reported to be $0.28, beating estimates by $0.01, and the company’s revenue came out at $308.12 million.

Ken Griffin’s Citadel Investment Group owned the most shares of Annaly Capital Management, Inc. (NYSE:NLY) at the end of the third quarter of 2021. According to the September SEC 13F filings, Mr. Griffin’s stake in the REIT is currently $18.67 million, up from $17.25 million in the previous quarter.

Other than Citadel Investment Group, there were 14 other positions identified by Insider Monkey that held stakes in Annaly Capital Management, Inc. (NYSE:NLY) at the end of the third quarter of 2021. The total stake value of these hedge funds was approximately $34.94 million.