5 Dividend Stocks with Over 9% Yield

3. Cherry Hill Mortgage Investment Corporation (NYSE: CHMI)

Number of Hedge Fund Holders: 5
Dividend Yield: 12.04%

Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) is a residential real estate finance company, ranking 3rd on our list of dividend stocks with over 9% yield. The company acquires, invests in, and manages residential mortgage assets in the US.

As of this August, JMP Securities holds a Market Perform rating on shares of Cherry Hill Mortgage Investment Corporation (NYSE: CHMI).

In the second quarter of 2021, Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) had an FFO of $0.28, beating estimates by $0.02. The company’s revenue was $6.64 million, beating estimates by $3.18 million. Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) has gained 1.82% year to date.

By the end of the second quarter of 2021, 5 hedge funds out of the 873 tracked by Insider Monkey held stakes in Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) worth roughly $16 million. This is compared to 4 hedge funds in the previous quarter with a total stake value of approximately $11 million.