5 Best Mid-Cap Dividend Stocks To Buy Now

1. First American Financial Corporation (NYSE:FAF)

Number of Hedge Fund Holders: 30

Dividend Yield as of November 2: 4.12%

First American Financial Corporation (NYSE:FAF) is a California-based provider of financial services. The company operates through Title Insurance and Services, and Specialty Insurance segments. First American Financial Corporation (NYSE:FAF) posted a Q3 non-GAAP EPS of $1.62, beating market estimates by $0.10. The dividend yield on November 2 came in at 4.12%, and it is one of the best dividend stocks to invest in. 

On October 17, Truist analyst Mark Hughes reiterated a Buy recommendation on First American Financial Corporation (NYSE:FAF) but slashed the price target on the shares to $67 from $77. The analyst updated his model, stating that his open order assumptions follow the latest Fannie Mae forecast, which suggests 20% declines in title premiums and fees next year, partially offset by increased investment income.

According to the second quarter database of Insider Monkey, 30 hedge funds were long First American Financial Corporation (NYSE:FAF), compared to 31 funds in the last quarter. Parag Vora’s HG Vora Capital Management is the leading stakeholder of the company, with 10.85 million shares worth over $574 million. 

You can also take a look at 10 Boring Stocks That Make Money and 12 Best Annual Dividend Stocks To Invest In. 

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