30 Russell 2000 Stocks with over 10% Dividend Yields

Includes: IWM, UWM
by: David Hunkar

The Russell 2000 Index measures the performance of about 2000 U.S. small cap stocks. The stocks are selected based on market cap and current index membership.

The index components are rebalanced annually so that larger stocks do not distort the performance of this pure small cap index. As of December, 2009 the average weighted market cap is $1.0 B and the largest company by market cap is about $5.6B. Financial services, technology, consumer discretionary, health care and producer durables form the top5 sectors in this index.

Some of the ETFs that track the Russell 2000 Index include iShares Russell 2000 Index Fund (NYSEARCA:IWM), ProShares Ultra Russell 2000 (NYSEARCA:UWM) and ETFS Russell 2000 Fund [RTWO].

The table below lists 30 components of this index that have dividend yields greater than 10%:

Name Ticker Dividend Yield as of January 25, 2010
Apollo Investment Corp. AINV 10.45%
Alaska Communications Systems Group, Inc ALSK 10.82%
Anworth Mortgage Asset Corporation ANH 16.62%
Ares Capital Corporation ARCC 10.96%
Cherokee Inc. CHKE 12.03%
Capstead Mortgage Corporation CMO 15.88%
Citizens & Northern Corporation CZNC 10.74%
Dynex Capital, Inc. DX 10.22%
Gladstone Capital Corporation GLAD 11.35%
General Maritime Corporation GMR 20.75%
Gladstone Commercial Corporation GOOD 11.21%
Glimcher Realty Trust GRT 11.66%
Walter Investment Management Corp. WAC 14.09%
MFA Mortgage Investments MFA 14.86%
Prospect Capital Corporation PSEC 13.38%
Sun Communities, Inc. SUI 13.51%
Vector Group Ltd. VGR 11.16%
Hercules Technology Growth Capital Inc HTGC 11.41%
Resource Capital Corp. RSO 19.27%
Compass Diversified Holdings CODI 11.29%
Kohlberg Capital Corp. KCAP 18.39%
Triangle Capital Corporation TCAP 13.76%
PennantPark Investment Corp. PNNT 10.56%
Blackrock Kelso Capital Corp. BKCC 14.85%
Main Street Capital Corporation MAIN 10.50%
Teekay Tankers Ltd. TNK 20.44%
Hatteras Financial Corp. HTS 17.69%
American Capital Agency Corp. AGNC 21.44%
Fifth Street Finance Corp. FSC 10.77%
Invesco Mortgage Capital Inc IVR 19.08%
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