5 Real Estate Stocks that Pay Monthly Dividends

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

Number of Hedge Fund Holders: 8
Dividend Yield: 16.3%

Orchid Island Capital, Inc. (NYSE: ORC), incorporated in 2010 and headquartered in Florida, ranks 1st on our list of real estate stocks that pay monthly dividends. The company invests in residential mortgage-backed securities (RMBS) and its portfolio consists of pass-through Agency RMBS and structured Agency RMBS.

In the second quarter of 2021, Orchid Island Capital, Inc. (NYSE: ORC) had an FFO of $0.24, missing estimates by $0.03. The company’s revenue was $27.70 million, up 21.59% year over year and beating estimates by $1.41 million.

By the end of the first quarter of 2021, 8 hedge funds out of the 866 tracked by Insider Monkey held stakes in Orchid Island Capital, Inc. (NYSE: ORC) worth roughly $19.9 million. This is compared to 10 hedge funds in the previous quarter with a total stake value of approximately $14.8 million.

See also Top 10 Real Estate Billionaires In The World and 20 Best Countries To Invest In Real Estate.

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