5 Very High Yield Dividend Stocks With Upside Potential

1. MFA Financial, Inc. (NYSE:MFA)

Number of Hedge Fund Holders: 20

One-Year Average Price Estimate: $12.40

New York-based REIT MFA is one of the high dividend stocks with upside potential. However, MFA Financial, Inc. (NYSE:MFA) recently joined a long list of companies cutting dividends amid the current macroeconomic satiation. In December, MFA Financial, Inc. (NYSE:MFA) declared a quarterly dividend of $0.35 per share, which was a 20.5% decrease from the previous dividend. However, MFA Financial, Inc. (NYSE:MFA)’s dividend yield at the time still came in at above 12%.

As of the end of the fourth quarter of 2022, 20 hedge funds tracked by Insider Monkey reported having stakes in MFA Financial, Inc. (NYSE:MFA). The net worth of these stakes was $93 million. The biggest hedge fund stakeholder of MFA Financial, Inc. (NYSE:MFA) was Mike Vranos’ Ellington which owns a $15.3 million stake in the company.

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