5 Best Dividend Stocks to Buy According to Billionaire James Dinan

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1. Lamar Advertising Company (REIT) (NASDAQ: LAMR)

Dinan’s Stake Value: $3,520,000
Percentage of James Dinan’s 13F Portfolio: 0.5%
Dividend Yield: 2.93%
Number of Hedge Fund Holders: 36

Lamar Advertising Company (REIT) (NASDAQ: LAMR) was founded in 1902 and is one of the largest outdoor advertising companies in North America, accounting for more than 357,500 displays in the U.S and Canada. It is ranked first on our list of 10 best dividend stocks to buy according to billionaire James Dinan.

In the financial report for Q1 2021, Lamar Advertising Company (REIT) (NASDAQ: LAMR) reported net revenue of $370.9 million compared to $406.6 million reported in Q1 2020. The company also reported a drop in net income to $38.3 million in Q1 2021 from $40.5 million in Q1 2020.

You can also take a peek at 10 Best Healthcare Dividend Stocks and 14 Best European Dividend Stocks To Buy.

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