5 Dividend Stock Picks by Martin Whitman’s Third Avenue

1. CTO Realty Growth, Inc. (NYSE:CTO) 

Third Avenue’s Stake Value: $1,033,000

Percentage of Third Avenue’s 13F Portfolio: 0.13%

Dividend Yield: 7.35%

Number of Hedge Fund Holders:12

CTO Realty Growth, Inc. (NYSE:CTO) is the best dividend stock in Third Avenue’s Q2 portfolio, with a yield of 7.35%. CTO Realty Growth, Inc. (NYSE:CTO) is a real estate company based out of Florida, with properties spanning 2.3 million square feet across several states in the US. The REIT owns several multi-tenant and single-tenant properties, as well as a 16% stake in Alpine Income Property Trust, Inc. (NYSE:PINE). 

Third Avenue owns 19,293 shares in CTO Realty Growth, Inc. (NYSE:CTO), worth $1.03 million, representing 0.13% of the firm’s investment portfolio as of the end of June. 

12 hedge funds in Insider Monkey’s database held stakes worth $26.86 million at the end of Q2, down from 13 in Q1, with stakes valued at $22.69 million. 

You can also take a look at 12 Best Long-Term Dividend Stocks To Buy Now and 12 Best Software Stocks To Buy According To Hedge Funds.

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