5 Extreme Dividend Stocks to Buy Now

2. Dynex Capital, Inc. (NYSE:DX)

Dividend Yield as of April 22: 13.61%

An American real estate investment trust company, Dynex Capital, Inc. (NYSE:DX) offers monthly dividends to shareholders. The company’s cash position remained strong in the first quarter of 2024, with roughly $300 million available in cash and cash equivalents, up from $119.6 million in the previous quarter. On April 14, it declared a monthly dividend of $0.13 per share, which was consistent with its previous dividend. The stock’s dividend yield came in at 13.61% on April 22.

As of the end of the fourth quarter of 2023, 6 hedge funds held stakes in Dynex Capital, Inc. (NYSE:DX), falling from 10 in the preceding quarter. The collective worth of these stakes is over $19.3 million. Ken Griffin’s Citadel Investment Group was the company’s leading stakeholder in Q4.

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