5 High-Yield Monthly Dividend Stocks to Buy in November

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1. Orchid Island Capital, Inc. (NYSE:ORC)

Number of Hedge Fund Holders: 9

Dividend Yield: 15.52%

Orchid Island Capital, Inc. (NYSE:ORC), a speciality finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company ranks first on our list of high-yield monthly dividend stocks to buy in November.

JonesTrading analyst Jason Stewart upgraded shares of Orchid Island Capital, Inc. (NYSE:ORC) this September to Hold.

The earnings report released by Orchid Island Capital, Inc. (NYSE:ORC) in the third quarter of 2021 showed an FFO of $0.22. The company’s revenue was $32.60 million, up 29.46% year over year and beating estimates by $3.70 million.

Orchid Island Capital, Inc. (NYSE:ORC), in the second quarter, had nine hedge funds holding stakes in it worth $17 million. In comparison, eight hedge funds held stakes in the company in the previous quarter worth $20 million, roughly.

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