In this article, we will be taking a look at 5 Russell 2000 stocks with high dividend yields. To see our detailed analysis of these stocks, you can go directly to the 10 Russell 2000 Stocks with High Dividend Yields.
5. Sculptor Capital Management, Inc. (NYSE: SCU)
Number of Hedge Fund Holders: 17
Dividend Yield: 10.4%
Sculptor Capital Management, Inc. (NYSE: SCU), a publicly-owned hedge fund sponsor, ranks 5th on our list of Russell 2000 stocks with high dividend yields. The company offers investment advisory services to institutional investors, corporations, and other clients.
This July, Citigroup’s William Katz raised his price target on shares of Sculptor Capital Management, Inc. (NYSE: SCU) from $46.50 to $48.50. Katz also holds a Buy rating on the stock.
In the second quarter of 2021, Sculptor Capital Management, Inc. (NYSE: SCU) had an EPS of $1.12, beating estimates by $0.67. The company’s revenue was $132.23 million, up 36.17% year over year and also beating estimates by $42.79 million. Sculptor Capital Management, Inc. (NYSE: SCU) has also gained 34.46% in the past 6 months and 71.90% year to date.
By the end of the first quarter of 2021, 17 hedge funds out of the 866 tracked by Insider Monkey held stakes in Sculptor Capital Management, Inc. (NYSE: SCU) worth roughly $90.5 million. This is compared to 17 hedge funds in the previous quarter with a total stake value of approximately $73.3 million.
4. Two Harbors Investment Corp. (NYSE: TWO)
Number of Hedge Fund Holders: 32
Dividend Yield: 10.8%
Two Harbors Investment Corp. (NYSE: TWO) is yet another real estate investment trust on our list of Russell 2000 stocks with high dividend yields, and ranks 4th. The company invests in, finances, and manages residential mortgage-backed securities (RMBS), alongside non-agency securities, mortgage servicing rights, and a range of other assets in the US.
Credit Suisse analyst Douglas Harter holds a Neutral rating on shares of Two Harbors Investment Corp. (NYSE: TWO) as of this June. The analyst also set a $7.50 price target on the stock.
In the second quarter of 2021, Two Harbors Investment Corp. (NYSE: TWO) had an FFO of $0.19, in line with estimates. The company’s revenue was $19.04 million, but missing estimates by $24.47 million. Two Harbors Investment Corp. (NYSE: TWO) has also gained 4.05% year to date and 15.44% in the past year.
By the end of the first quarter of 2021, 32 hedge funds out of the 866 tracked by Insider Monkey held stakes in Two Harbors Investment Corp. (NYSE: TWO) worth roughly $200 million. This is compared to 18 hedge funds in the previous quarter with a total stake value of approximately $58.1 million.
3. ARMOUR Residential REIT, Inc. (NYSE: ARR)
Number of Hedge Fund Holders: 9
Dividend Yield: 11.5%
ARMOUR Residential REIT, Inc. (NYSE: ARR), a real estates investment trust investing in residential mortgage-backed securities (RMBS) ranks 3rd on our list of Russell 2000 stocks with high dividend yields. The company is based in Florida, US.
Ladenburg’s Christopher Nolan and B. Riley’s Matt Howlett both have Neutral ratings on ARMOUR Residential REIT, Inc. (NYSE: ARR). B. Riley’s rating came alongside an $11.50 price target this July as well.
In the second quarter of 2021, ARMOUR Residential REIT, Inc. (NYSE: ARR) had an FFO of $0.21, missing estimates by $0.07. The company’s revenue was $16.7 million, higher than the previous quarter’s revenue of $16.06 million. ARMOUR Residential REIT, Inc. (NYSE: ARR) has also gained 9.5% in the past year.
By the end of the first quarter of 2021, 9 hedge funds out of the 866 tracked by Insider Monkey held stakes in ARMOUR Residential REIT, Inc. (NYSE: ARR) worth roughly $22.2 million. This is compared to 13 hedge funds in the previous quarter with a total stake value of approximately $23.5 million.
2. Nordic American Tankers Limited (NYSE: NAT)
Number of Hedge Fund Holders: 10
Dividend Yield: 11.9%
Nordic American Tankers Limited (NYSE: NAT) is a tanker company operating to acquire and charter double-hull tankers in Bermuda and across the globe. The company ranks 2nd on our list of Russell 2000 stocks with high dividend yields and is based in Bermuda.
Evercore ISI analyst Jonathan Chappell just this May upgraded shares of Nordic American Tankers Limited (NYSE: NAT) from Underperform to In Line. The analyst also raised his price target on Nordic American Tankers Limited (NYSE: NAT) from $2.50 to $4.
In the first quarter of 2021, Nordic American Tankers Limited (NYSE: NAT) had an EPS of -$0.16, beating estimates by $0.02. The company’s revenue was $18.81 million, beating the previous quarter’s revenue of $16.29 million.
By the end of the first quarter of 2021, 10 hedge funds out of the 866 tracked by Insider Monkey held stakes in Nordic American Tankers Limited (NYSE: NAT) worth roughly $7.11 million. This is compared to 5 hedge funds in the previous quarter with a total stake value of approximately $7.6 million.
1. Orchid Island Capital, Inc. (NYSE: ORC)
Number of Hedge Fund Holders: 8
Dividend Yield: 16.3%
Orchid Island Capital, Inc. (NYSE: ORC), is another specialty finance company on our list of Russell 2000 stocks with high dividend yields, ranking 1st. The company is based in Florida and works to invest in residential mortgage-backed securities (RMBS).
Ladenburg holds a Buy rating on shares of Orchid Island Capital, Inc. (NYSE: ORC).
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.
You can also take a look at 10 Best Dividend Paying Stocks to Buy Under $50 and 10 Best Dividend Stocks Under $20.
