5 High Dividend Stocks With Over 8% Yield

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

Number of Hedge Fund Holders: 19

Dividend Yield as of October 20: 10.08%

Annaly Capital Management, Inc. (NYSE:NLY), is a diversified capital management and real estate investment trust (REIT) that invests in residential and commercial assets. The company ranks 2nd on our list of the 10 high dividend stocks with over 8% yield.

Earlier this October, Piper Sandler analyst Kevin Barker kept a Neutral rating on Annaly Capital Management, Inc. (NYSE:NLY) alongside a price target of $8.50.

According to our database, Jim Simons’ Renaissance Technologies is one of the biggest shareholders in Annaly Capital Management, Inc. (NYSE:NLY). By the end of the second quarter of 2021, 19 hedge funds out of the 873 tracked by Insider Monkey held stakes in Annaly Capital Management, Inc. (NYSE: NLY) worth roughly $98.2 million. This is compared to 15 hedge funds in the previous quarter with a total stake value of approximately $140 million.