5 Best Dividend Stocks to Buy According to Billionaire Michael Price

2. One Liberty Properties, Inc. (NYSE: OLP)

Price’s Stake Value: $6,146,000
Percent of Michael Price’s 13F Portfolio: 0.73%
Dividend Yield: 6.15%
Number of Hedge Fund Holders: 8

One Liberty Properties, Inc. (NYSE: OLP) is a REIT involved in the management of properties across the US. Based in Maryland, the company owns a diversified portfolio of premium properties. One Liberty Properties, Inc. (NYSE: OLP) reported a net income of $3.0 million for Q1 of 2021 which is a decrease of $4.8 million year-over-year. However, the rental income amounted to $20.7 million for the quarter ended March 31, 2021 compared to $21.2 million for the same quarter of the previous year.

On June 10, 2021, a cash dividend of $0.45 was announced for the quarter which is payable on June 25, 2021. This will be the 114th consecutive quarterly dividend that the company will pay to its shareholders. With a dividend yield of 6.15%, OLP is one of the 10 best dividend stocks to buy according to billionaire Michael Price.