5 Best February Dividend Stocks To Buy

In this article, we discuss 5 best February dividend stocks to buy. If you want to read our detailed analysis of dividend investment and returns of dividend stocks over the years, go directly to read 10 Best February Dividend Stocks To Buy. 

5. STAG Industrial, Inc. (NYSE:STAG)

Number of Hedge Fund Holders: 19

STAG Industrial, Inc. (NYSE:STAG) is an American real estate investment trust company that specializes in the acquisition of industrial properties throughout the US. On January 11, the company declared a 0.7% hike in its monthly dividend to $0.1225 per share. This was the company’s 11th consecutive year of dividend growth. The stock has a dividend yield of 4.19%, as of January 30.

In the firm nine months of 2022, STAG Industrial, Inc. (NYSE:STAG) paid $22.3 million to shareholders in dividends. The company’s strong commitment to shareholders places it as one of the best dividend stocks on our list.

At the end of Q3 2022, 19 hedge funds tracked by Insider Monkey owned stakes in STAG Industrial, Inc. (NYSE:STAG), valued at $336.2 million collectively. With over 4.5 million hares, Zimmer Partners was the company’s leading stakeholder in Q3.

Carillon Tower Advisers mentioned STAG Industrial, Inc. (NYSE:STAG) in its Q1 2022 investor letter. Here is what the firm has to say:

“U.S. and around the world, and the higher inflation this cycle than in 2000. Labor inflation and general labor availability were again concerns for many companies. Supply chains eased for some goods, but remained challenged for many commodities including energy, agriculture, and fertilizer due to war and general scarcity, and also in many consumer products as semiconductors remained in short supply. Stag Industrial (NYSE:STAG), a warehouse REIT focused on rural distribution properties, fell as interest rates rose and fear of an economic slowdown gripped markets.”

4. SL Green Realty Corp. (NYSE:SLG)

Number of Hedge Fund Holders: 23

SL Green Realty Corp. (NYSE:SLG) is a New York-based real estate investment trust company that invests in office buildings and other entertainment properties. In Q4 2022, the company reported revenue of $224.8 million, which showed a 15.6% growth from the same period last year. At the end of December 31, the company had over $203.2 million in cash and cash equivalents and its total assets amounted to over $12.3 billion.

SL Green Realty Corp. (NYSE:SLG) currently pays a monthly dividend of $0.2708 per share and has a dividend yield of 8.32%, as of January 30.

Baird raised its price target on SL Green Realty Corp. (NYSE:SLG) in January to $43 with a Neutral rating on the shares.

SL Green Realty Corp. (NYSE:SLG) saw growth in hedge fund positions in Q3 2022, as 23 funds tracked by Insider Monkey owned stakes in the company, up from 18 in the previous quarter. These stakes have a total value of nearly $184 million. With 1.3 million shares, Marshall Wace LLP was the company’s leading stakeholder in Q3.

3. EPR Properties (NYSE:EPR)

Number of Hedge Fund Holders: 25

EPR Properties (NYSE:EPR) is an American real estate investment trust, based in Missouri. On January 12, the company declared a monthly dividend of $0.275 per share, which fell in line with its previous dividend. The stock’s dividend yield on January 30 came in at 7.89%.

In November, Raymond James added EPR Properties (NYSE:EPR) to the Analyst Current Favorites list and maintained its Strong Buy rating on the stock with a $45 price target.

At the end of Q3 2022, 25 hedge funds tracked by Insider Monkey were bullish on EPR Properties (NYSE:EPR), compared with 22 in the previous quarter. The stakes owned by these funds are worth over $153.8 million collectively.

2. AGNC Investment Corp. (NASDAQ:AGNC)

Number of Hedge Fund Holders: 28

An American real estate investment trust company, AGNC Investment Corp. (NASDAQ:AGNC) is another best dividend stock on our list that pays monthly dividends to shareholders. Barclays raised its price target on the stock in January to $12 with an Overweight rating on the shares. The firm gave a neutral stance on the sector in view of a possible recession.

AGNC Investment Corp. (NASDAQ:AGNC) has cumulatively paid nearly $12 billion in dividends to shareholders since its IPO in 2008. It currently offers a monthly dividend of $0.12 per share and has a dividend yield of 12.79%, as of January 30.

AGNC Investment Corp. (NASDAQ:AGNC) saw a positive hedge fund sentiment in Q3 2022, as 28 funds tracked by Insider Monkey owned stakes in the company, up from 18 in the previous quarter. These stakes have a total value of over $157.7 million.

1. Realty Income Corporation (NYSE:O)

Number of Hedge Fund Holders: 28

Realty Income Corporation (NYSE:O) is a California-based real estate investment trust company. The stock’s coverage was initiated with a Neutral rating by JNP Paribas in January with a $72 price target.

Realty Income Corporation (NYSE:O) offers a monthly dividend of $0.2485 per share and has a dividend yield of 4.40%, as of January 30. The company holds one of the longest dividend growth track records of 28 years in the REIT sector.

The number of hedge funds tracked by Insider Monkey owning stakes in Realty Income Corporation (NYSE:O) grew to 28 in Q3 2022, from 19 in the previous quarter. These stakes are valued at $422.5 million collectively. With nearly 3 million shares, Zimmer Partners was the company’s largest stakeholder in Q3.

You can also take a look at  12 Best S&P 500 Dividend Stocks To Buy and 12 Cheap Biotech Stocks To Buy

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