5 Monthly Dividend Stocks With Over 5% Yield

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1. ARMOUR Residential REIT, Inc. (NYSE:ARR

Number of Hedge Fund Holders: 13

Dividend Yield: 11.17%

ARMOUR Residential REIT, Inc. (NYSE: ARR) is a Maryland-based mortgage REIT that invests in mortgage-backed securities (MBS) in the United States. These securities are guaranteed or issued by a US government-sponsored agency, such as Fannie Mae, Freddie Mac, and Ginnie Mae. ARMOUR Residential REIT, Inc. (NYSE: ARR) ranks first on our list of the best stocks that pay monthly dividends with over 5% yield, with a dividend yield of 11.17%.

At the end of June, 13 hedge funds in Insider Monkey’s exclusive database were bullish on ARMOUR Residential REIT, Inc. (NYSE: ARR), up from 9 in the previous quarter. 

You can also take a look at 10 Best Oil Stocks To Buy According To Hedge Funds and 11 Best Growth Stocks To Buy According To Hedge Funds.

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