In this article, we discuss 5 highest yielding dividend stocks you can buy today. If you want to read our detailed analysis of dividend stocks and high yields, go directly to read 15 Highest Yielding Dividend Stocks You Can Buy Today.
5. Global Net Lease, Inc. (NYSE:GNL)
Dividend Yield as of September 7: 14.65%
Global Net Lease, Inc. (NYSE:GNL) is a real estate investment trust company that primarily invests in and owns a diversified portfolio of commercial real estate properties. On July 3, the company declared a quarterly dividend of $0.40 per share, which was in line with its previous dividend. As of September 7, the stock has a dividend yield of 14.65%. The company kept its dividend steady over the years, which makes it one of the best dividend stocks on our list.
At the end of June 2023, 15 hedge funds in Insider Monkey’s database reported having stakes in Global Net Lease, Inc. (NYSE:GNL), compared with 10 in the previous quarter. The overall value of these stakes is nearly $38.7 million. With over 2 million shares, Balyasny Asset Management was the company’s leading stakeholder in Q2.
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4. AGNC Investment Corp. (NASDAQ:AGNC)
Dividend Yield as of September 7: 14.88%
An American real estate investment trust company, AGNC Investment Corp. (NASDAQ:AGNC) is next on our list of the best dividend stocks. The company offers a monthly dividend to shareholders and currently pays a per-share dividend of $0.12 every month. It has paid regular dividends to shareholders since its IPO in 2008. The stock’s dividend yield on September 7 came in at 14.88%.
The number of hedge funds tracked by Insider Monkey owning stakes in AGNC Investment Corp. (NASDAQ:AGNC) stood at 18 in Q2 2023. The consolidated value of these stakes is over $102.4 million.
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3. Brandywine Realty Trust (NYSE:BDN)
Dividend Yield as of September 7: 15.05%
Brandywine Realty Trust (NYSE:BDN) focuses on owning, developing, and managing a diversified portfolio of commercial real estate properties. The company currently pays a quarterly dividend of $0.19 per share and has a dividend yield of 15.05%, as recorded on September 7.
As of the close of Q2 2023, 19 hedge funds tracked by Insider Monkey were bullish on Brandywine Realty Trust (NYSE:BDN). The stakes owned by these hedge funds have a total value of over $42.6 million.
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2. Natural Health Trends Corp. (NASDAQ:NHTC)
Dividend Yield as of September 7: 15.07%
Natural Health Trends Corp. (NASDAQ:NHTC) is a Texas-based company that primarily operates in the health and wellness industry. The company focuses on marketing and selling a range of natural health and wellness products through a network of independent distributors.
Natural Health Trends Corp. (NASDAQ:NHTC), one of the best dividend stocks with high yields, currently pays a quarterly dividend of $0.20 per share. The stock has a dividend yield of 15.07%, as of September 7.
As of the close of Q2 2023, Jim Simons’ Renaissance Technologies was the only stakeholder of Natural Health Trends Corp. (NASDAQ:NHTC).
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1. ARMOUR Residential REIT, Inc. (NYSE:ARR)
Dividend Yield as of September 7: 19.67%
ARMOUR Residential REIT, Inc. (NYSE:ARR) tops our list of the best dividend stocks with high yields. The real estate investment trust company offers a monthly dividend of $0.08 per share and has a dividend yield of 19.67%, as of September 7. The company does not have any dividend growth streak but it has been making regular dividend payments to shareholders since 2010.
Of the 910 hedge funds tracked by Insider Monkey at the end of Q2 2023, 5 hedge funds owned stakes in ARMOUR Residential REIT, Inc. (NYSE:ARR), up from 4 in the previous quarter. The consolidated value of these stakes is over $5.6 million.
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Follow Armour Residential Reit Inc. (NYSE:ARR)
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