In this article, we will be taking a look at 5 high yield dividend stocks to buy in September. To read our detailed analysis of dividend investing, you can go directly to see the 10 High Yield Dividend Stocks to Buy in September.
5. PennyMac Mortgage Investment Trust (NYSE: PMT)
Number of Hedge Fund Holders: 11
Dividend Yield: 9.67%
PennyMac Mortgage Investment Trust (NYSE: PMT), a specialty finance company, operates as a mortgage REIT through its Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production segments. The company ranks 5th on our list of high yield dividend stocks to buy in September.
Barclays holds an Equal Weight rating on shares of PennyMac Mortgage Investment Trust (NYSE: PMT), alongside a raised price target of $19, as of this June.
In the second quarter of 2021, PennyMac Mortgage Investment Trust (NYSE: PMT) had an FFO of $0.32, missing estimates by $0.27. The company’s revenue was $121.57 million, also missing estimates by $49.98 million. PennyMac Mortgage Investment Trust (NYSE: PMT) has however gained 3.22% in the past 6 months and 13.75% year to date.
By the end of the second quarter of 2021, 11 hedge funds out of the 873 tracked by Insider Monkey held stakes in PennyMac Mortgage Investment Trust (NYSE: PMT) worth roughly $10.4 million. This is compared to 8 hedge funds in the previous quarter with a total stake value of approximately $16 million.
4. Annaly Capital Management, Inc. (NYSE: NLY)
Number of Hedge Fund Holders: 19
Dividend Yield: 10.4%
Annaly Capital Management, Inc. (NYSE: NLY), a mortgage REIT, is based in New York and invests in residential and commercial assets, among others. The company ranks 4th on our list of high yield dividend stocks to buy in September.
This June, Keefe Bruyette placed a Market Perform rating on shares of Annaly Capital Management, Inc. (NYSE: NLY), alongside a price target of $9.50.
In the second quarter of 2021, Annaly Capital Management, Inc. (NYSE: NLY) had an FFO of $0.30, beating estimates by $0.02. The company’s revenue was $239.77 million, missing estimates by $185.72 million. Annaly Capital Management, Inc. (NYSE: NLY) has gained 2.56% in the past 6 months and 4.68% year to date.
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.
3. Two Harbors Investment Corp. (NYSE: TWO)
Number of Hedge Fund Holders: 30
Dividend Yield: 10.4%
Two Harbors Investment Corp. (NYSE: TWO) is a mortgage REIT that invests in residential mortgage-backed securities, non-agency securities, and other assets in the US. The company ranks 3rd on our list of high yield dividend stocks to buy in September.
This June, analysts at Credit Suisse placed a Hold rating on shares of Two Harbors Investment Corp. (NYSE: TWO), alongside a $7.50 price target.
In the second quarter of 2021, Two Harbors Investment Corp. (NYSE: TWO) had an FFO of $0.19, beating the previous quarter’s FFO of $0.17. The company’s revenue was $19.04 million, missing estimates by $24.47 million. Two Harbors Investment Corp. (NYSE: TWO) has gained 4.85% year to date and 20.67% in the past year.
By the end of the second quarter of 2021, 30 hedge funds out of the 873 tracked by Insider Monkey held stakes in Two Harbors Investment Corp. (NYSE: TWO) worth roughly $160 million. This is compared to 32 hedge funds in the previous quarter with a total stake value of approximately $200 million.
2. Cherry Hill Mortgage Investment Corporation (NYSE: CHMI)
Number of Hedge Fund Holders: 5
Dividend Yield: 12.04%
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI), a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the US. The company ranks 2nd on our list of high yield dividend stocks to buy in September.
JMP Securities placed a Market Perform rating on shares of Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) this August.
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 2.73% 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.
1. Natural Health Trends Corp. (NASDAQ: NHTC)
Number of Hedge Fund Holders: 2
Dividend Yield: 12.31%
Natural Health Trends Corp. (NASDAQ: NHTC), a direct-selling e-commerce company, offers personal care, wellness, lifestyle, and other products under the NHT Global brand. The company ranks 1st on our list of high yield dividend stocks to buy in September.
In the second quarter of 2021, Natural Health Trends Corp. (NASDAQ: NHTC) had an EPS of $0.02, beating the previous quarter’s EPS of $0.01. The company’s revenue was $3.93 million, also beating the previous quarter’s revenue of $3.25 million. Natural Health Trends Corp. (NASDAQ: NHTC) has gained 39.88% year to date and 30.38% in the past year.
By the end of the second quarter of 2021, 2 hedge funds out of the 873 tracked by Insider Monkey held stakes in Natural Health Trends Corp. (NASDAQ: NHTC) worth roughly $6.6 million. This is compared to 1 hedge fund in the previous quarter with a total stake value of approximately $6.4 million.
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