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

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1. Whirlpool Corporation (NYSE:WHR)

Number of Hegde Fund Holders: 33
Dividend Yield as of May 24: 4.03%
Greenhaven Associates’ Stake Value: $489,591,000

Whirlpool Corporation (NYSE:WHR) is an American multinational home appliance company. The company was the fourth-largest holding of Greenhaven Associates in Q1 2022, as the hedge fund held shares worth roughly $490 million in the company. It accounted for 12.98% of Edgar Wachenheim’s portfolio.

Lyrical Asset Management was one of the leading shareholders of  Whirlpool Corporation (NYSE:WHR) in Q1 2022, holding stakes worth over $236.2 million. Overall, 33 hedge funds tracked by Insider Monkey reported owning stakes in the company in Q1 2022, up from 28 in the previous quarter. These stakes hold a collective value of $962.6 million.

In February, Whirlpool Corporation (NYSE:WHR) announced a quarterly dividend of $1.75 per share, a 25% increase from its prior dividend of $1.40 per share. This was the company’s 9th consecutive year of dividend growth.

You can also take a look at 10 Best Stocks for Dividends and Jim Cramer’s Top 10 Stock Picks for 2022

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