5 Best Micro-Cap Dividend Stocks To Buy Now

3. Evolution Petroleum Corporation (NYSE:EPM)

Number of Hedge Fund Holders: 8

Evolution Petroleum Corporation (NYSE:EPM) is a Texas-based independent energy company that is primarily engaged in the development, production, and acquisition of oil and natural gas properties. The company does not have any dividend growth streak but it has raised its payouts multiple times over the years. It currently pays a quarterly dividend of $0.12 per share. With a dividend yield of 8.35%, as of December 13, EPM is one of the best dividend stocks on our list.

Insider Monkey’s database of Q3 2023 showed that 8 hedge funds owned stakes in Evolution Petroleum Corporation (NYSE:EPM), compared with 9 a quarter earlier. The consolidated value of these stakes is over $2.8 million. Among these hedge funds, Two Sigma Advisors was the company’s leading stakeholder in Q3.

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