5 Best Dividend Stocks According to Bill Miller’s Miller Value Partners

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

Number of Hedge Fund Holders: 15
Miller Value Partners’ Stake Value: $3,529,000
Dividend Yield as of February 27: 10.81%

MFA Financial, Inc. (NYSE:MFA), an American real estate investment trust, cut its dividend in 2014 but the management has sustained dividend payments over the years. Currently, the company pays a quarterly dividend of $0.11 per share, increasing it by 10% in December 2021. The stock’s dividend yield was recorded at 10.81%, as of February 27. MFA Financial, Inc. (NYSE:MFA) has been paying dividends to shareholders for the past 22 years.

Appreciating the company’s strong Q3 results, in December, Raymond James upgraded MFA Financial, Inc. (NYSE:MFA) to Outperform, while maintaining a $5.25 price target on the stock. In Q4 2021, Miller Value Partners did not change its position in MFA Financial, Inc. (NYSE:MFA) and held a stake worth over $3.5 million. The company accounted for 0.09% of Bill Miller’s portfolio.

In Q4 2021, Arrowstreet Capital was the largest shareholder of MFA Financial, Inc. (NYSE:MFA), holding a stake worth $42.1 million. Overall, 15 hedge funds tracked by Insider Monkey were bullish on the company in Q4, down from 17 in the previous quarter. The total worth of these stakes is nearly $149 million.