5 Best Dividend Stocks to Buy According to John Khoury’s Long Pond Capital

1. Spirit Realty Capital, Inc. (NYSE: SRC)

Khoury’s Stake Value: $75,869,000
Percentage of John Khoury’s 13F Portfolio: 2.59%
Dividend Yield: 5.11%
Number of Hedge Fund Holders: 18 

Spirit Realty Capital, Inc. (NYSE: SRC) is a net-lease real estate investment trust based in Dallas, Texas. It was founded in 2003 and ranks first on the list of 10 best dividend stocks to buy according to John Khoury’s Long Pond Capital. Spirit Realty shares have gained about 41.85% over the last 12 months.

On June 22, JPMorgan analyst Anthony Paolone raised the firm’s price target on Spirit Realty Capital, Inc. (NYSE: SRC) to $54 from $48 and kept an “Overweight” rating on the shares. On May 20, Spirit Realty declared a quarterly dividend of $0.625 per share, in line with the previous. 

Long Pond Capital is a leading shareholder in Spirit Realty Capital, Inc. (NYSE: SRC) with 1.79 million shares worth $75.87 million, representing 2.59% of their investment portfolio. Hedge funds are loading up on Spirit Realty Capital, Inc. (NYSE: SRC), as Insider Monkey’s data shows that 18 hedge funds held stakes in the company in the first quarter of 2021, compared to 17 funds a quarter earlier.

You can also take a peek at 10 Best Dividend Stocks to Buy According to James Parsons’ Junto Capital  and 10 Best Dividend Stocks to Buy Under $20

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