5 Dividend Stocks with Over 9% Yield

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1. Orchid Island Capital, Inc. (NYSE: ORC)

Number of Hedge Fund Holders: 9
Dividend Yield: 15.23%

Orchid Island Capital, Inc. (NYSE: ORC) is a specialty finance company operating as a mortgage real estate investment trust and ranking 1st on our list of dividend stocks with over 9% yield. The company invests in residential mortgage-backed securities (RMBS) in the United States.

In the second quarter of 2021, Orchid Island Capital, Inc. (NYSE: ORC) had an FFO of $0.24, missing estimates by $0.03. The company’s revenue was $27.70 million, up 21.59% year over year and beating estimates by $1.41 million. Orchid Island Capital, Inc. (NYSE: ORC) has gained 0.20% in the past year.

By the end of the second quarter of 2021, 9 hedge funds out of the 873 tracked by Insider Monkey held stakes in Orchid Island Capital, Inc. (NYSE: ORC) worth roughly $17.2 million. This is compared to 8 hedge funds in the previous quarter with a total stake value of approximately $20 million.

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