5 Best Dividend Stocks According to Edgar Wachenheim’s Greenhaven Associates

4. JPMorgan Chase & Co. (NYSE:JPM)

Number of Hegde Fund Holders: 110
Dividend Yield as of May 24: 3.21%
Greenhaven Associates’ Stake Value: $88,201,000

JPMorgan Chase & Co. (NYSE:JPM) is an American financial services company and an investment bank. Recently, the company reported that its UK consumer bank has reached over half a million customers, with over $10 billion in deposits.

This May, Oppenheimer upgraded JPMorgan Chase & Co. (NYSE:JPM) to Outperform, with a $167 price target, as it shows a 30% upside potential in the coming year.

ClearBridge Investments mentioned JPMorgan Chase & Co. (NYSE:JPM) in its Q4 2021 investor letter. Here is what the firm has to say:

“Our energy and financials holdings kept pace in the 2021 rally.  In financials, JPMorgan benefited from strong economic growth, a rise in Treasury yields, and a benign credit environment.”