5 Dividend Giants with Lowest Short Interest

In this article, we discuss 5 dividend giants with the lowest short interest. If you want to read our detailed analysis of dividend stocks and their performance in the past, go directly to read 12 Dividend Giants with Lowest Short Interest. 

5. Broadmark Realty Capital Inc. (NYSE:BRMK)

Short % of Float as of February 14: 1.90%
Dividend Yield as of March 7: 8.34%

Broadmark Realty Capital Inc. (NYSE:BRMK) is a Washington-based private real estate investment firm that provides flexible loans for construction and also specializes in the development of residential and commercial properties. The company offers a monthly dividend of $0.035 per share and has a dividend yield of 8.34%, as of March 7.

In February, Piper Sandler upgraded Broadmark Realty Capital Inc. (NYSE:BRMK) to Neutral and also lifted its price target on the stock to $6. The firm presented a positive stance on the company’s management.

Broadmark Realty Capital Inc. (NYSE:BRMK) has 1.90% of its float sold short, as of February 14, which makes it one of the dividend giants with the lowest short interest.

The number of hedge funds tracked by Insider Monkey owning stakes in Broadmark Realty Capital Inc. (NYSE:BRMK) grew to 15 in Q4 2022, from 9 in the previous quarter. These stakes have a total value of $33.4 million. With over 4.8 million shares, Farallon Capital was the company’s leading stakeholder in Q4.

4. Apple Hospitality REIT, Inc. (NYSE:APLE)

Short % of Float as of February 14: 1.61%
Dividend Yield as of March 7: 5.80%

Apple Hospitality REIT, Inc. (NYSE:APLE) is a Virginia-based real estate investment trust company. As of February 14, the company had 1.61% of its float sold short. It is among the dividend giants with the lowest short interest.

Apple Hospitality REIT, Inc. (NYSE:APLE) currently pays a monthly dividend of $0.08 per share and has a dividend yield of 5.80%, as of March 7.

In the fourth quarter of 2022, Apple Hospitality REIT, Inc. (NYSE:APLE) reported revenue of nearly $300 million, which showed a 19.4% growth from the same period last year. At the end of December, the company had over $4 million available in cash and cash equivalents, compared with $3.2 million in the prior-year period.

At the end of Q4 2022, 20 hedge funds tracked by Insider Monkey reported owning stakes in Apple Hospitality REIT, Inc. (NYSE:APLE), worth over $152.5 million collectively.

3. Energy Transfer LP (NYSE:ET)

Short % of Float as of February 14: 1.54%
Dividend Yield as of March 7: 9.28%

Energy Transfer LP (NYSE:ET) is a Texas-based energy company that specializes in natural gas and propane pipeline transport. The company has been raising its dividends consistently for the past five years. It currently pays a quarterly dividend of $0.305 per share and has a dividend yield of 9.28%, as of March 7.

Energy Transfer LP (NYSE:ET) has 1.54% of its float sold short, as of February 14, which makes it one of the dividend giants with the lowest short interest.

At the end of Q4 2022, 38 hedge funds tracked by Insider Monkey had stakes in Energy Transfer LP (NYSE:ET), compared with 33 in the previous quarter. The collective value of these stakes is over $613.4 million.

2. Enterprise Products Partners L.P. (NYSE:EPD)

Short % of Float as of February 14: 0.88%
Dividend Yield as of March 7: 7.55%

Enterprise Products Partners L.P. (NYSE:EPD) is a natural gas and crude oil company, based in Texas, US. In March, Scotiabank upgraded the stock with an Outperform rating and a $31 price target, presenting a positive stance on the sector’s outlook this year.

As of February 14, Enterprise Products Partners L.P. (NYSE:EPD) had 0.88% of its float sold short, which makes it one of the dividend giants with the lowest short interest.

Enterprise Products Partners L.P. (NYSE:EPD) has been raising its dividend consistently for the past 23 years. The company offers a quarterly dividend of $0.49 per share and has a dividend yield of 7.55%, as of March 7.

At the end of Q4 2022, 24 hedge funds tracked by Insider Monkey reported owning stakes in Enterprise Products Partners L.P. (NYSE:EPD), up from 21 in the previous quarter. The collective value of these stakes is over $242.4 million.

Legacy Ridge Capital Management, LLC mentioned Enterprise Products Partners L.P. (NYSE:EPD) in its Q4 2022 investor letter. Here is what the firm has to say:

“Enterprise Products Partners L.P. (NYSE:EPD) is still owned in the fund and remains one of our largest positions, as it has been since the partnership was founded. This has not been a great investment. Shares are down about 6% since I first wrote about it. However, we have received $8.93 per share in dividends, which is about 34% of the 2018 share price. So, with dividends included we’ve made 28% cumulatively over 5-years. Still not good, but not an impairment of capital either.

Since 2018, EPD’s dividend yield has gone from 6.5% to 8% with the annual per share payout growing from $1.72 to $1.96, +14%. The pace of dividend growth has recently increased from about 2% to 5%+. Additionally, Distributable Cash Flow per share (what could be paid to us if management wanted to) has increased 22%, from $2.73 to $3.33, while leverage has come down a little over ½ a turn. So, the balance sheet and cash flow metrics are in better shape than they were 5-years ago, and they were pretty good 5-years ago.

The competitive dominance of the asset base, industry leading low leverage, and a founding family with multiple billions of dollars invested alongside us keep it a core holding in the portfolio. We’ll continue to own this company unless the shares become meaningfully overvalued, and if it gets cheaper, we would be very comfortable owning more.”

1. AllianceBernstein Holding L.P. (NYSE:AB)

Short % of Float as of February 14: 0.53%
Dividend Yield as of March 7: 11.01%

AllianceBernstein Holding L.P. (NYSE:AB) is an American asset management firm that provides related services to its consumers. Credit Suisse upgraded the stock to Outperform in February with a price target of $43.50, up from $32. The firm appreciated the company’s recent quarterly earnings.

On February 16, AllianceBernstein Holding L.P. (NYSE:AB) declared a 9.4% hike in its quarterly dividend to $0.70 per share. The stock’s dividend yield on March 7 came in at 11.01%. As of February 14, the company has just 0.53% of its float sold short.

At the end of Q4 2022, 5 hedge funds in Insider Monkey’s database owned stakes in AllianceBernstein Holding L.P. (NYSE:AB), up from 4 in the previous quarter. These stakes have a total value of over $8 million.

You can also take a look at 15 Most Shorted Stocks Right Now on Wall Street and 11 High Growth Monthly Dividend Stocks to Buy

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