5 Real Estate Stocks that Pay Monthly Dividends

3. AGNC Investment Corp. (NASDAQ: AGNC)

Number of Hedge Fund Holders: 18
Dividend Yield: 9.1%

AGNC Investment Corp. (NASDAQ: AGNC) is an American REIT investing in residential mortgage pass-through securities and collateralized mortgage obligations. The company ranks 3rd on our list of real estate stocks that pay monthly dividends and was formerly known as American Capital Agency Corp., changing its name in 2016.

Mark DeVries, an analyst at Barclays, holds an Overweight rating on shares of AGNC Investment Corp. (NASDAQ: AGNC) as of this July. The analyst also has a $17 price target on the stock.

In the second quarter of 2021, AGNC Investment Corp. (NASDAQ: AGNC) had an FFO of $0.76, beating estimates by $0.11. The company’s revenue was $232 million, missing estimates by $90.23 million, however. AGNC Investment Corp. (NASDAQ: AGNC) has gained 4.03% year to date and 15.26% in the past year.

By the end of the first quarter of 2021, 18 hedge funds out of the 866 tracked by Insider Monkey held stakes in AGNC Investment Corp. (NASDAQ: AGNC) worth roughly $167 million. This is compared to 25 hedge funds in the previous quarter with a total stake value of approximately $353 million.