5 High-Yield Dividend Stocks with Payout Ratio Less than 55%

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

Number of Hedge Fund Holders: 19
Dividend Yield: 10.45%
Payout Ratio: 36.9%

Annaly Capital Management, Inc. (NYSE: NLY) is a diversified capital manager that invests in and finances residential and commercial assets. The company ranks 2nd on our list of high-yield dividend stocks with payout ratio less than 55%.

As of this June, Bose George, an analyst at Keefe Bruyette, holds a Market Perform rating on shares of Annaly Capital Management, Inc. (NYSE: NLY). The analyst also holds a $9.50 price target on the company’s shares.

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 0.72% in the past 6 months and 2.31% 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.