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

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

Number of Hedge Fund Holders: 9
Dividend Yield: 9.02%
Payout Ratio: 27.9%

Dynex Capital, Inc. (NYSE: DX) is yet another mortgage real estate investment trust and is last on our list of high-yield dividend stocks with payout ratio less than 55%. The company works to invest in mortgage-backed securities on a leveraged basis primarily in America.

Eric Hagen, an analyst at BTIG, holds a Buy rating on shares of Dynex Capital, Inc. (NYSE: DX) as of November. The analyst also holds a $19 price target on the shares.

In the second quarter of 2021, Dynex Capital, Inc. (NYSE: DX) had an FFO of $0.51, beating estimates by $0.04. The company’s revenue was $12.12 million, missing estimates by $2.96 million. Dynex Capital, Inc. (NYSE: DX) has gained 9.56% 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 Dynex Capital, Inc. (NYSE: DX) worth roughly $27 million. This is compared to 8 hedge funds in the previous quarter with a total stake value of approximately $24 million.

See also 10 Best Automotive Stocks to Invest in Now and 10 Best Stocks Under $5 in 2021.

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