5 Dividend Stock Picks of Late Billionaire Michael Price’s MFP Investors

2. Kearny Financial Corp. (NASDAQ:KRNY)

Number of Hedge Fund Holders: 16
Dividend Yield as of May 25: 3.64%
MFP Investors’ Stake Value: $2,417,000

Kearny Financial Corp. (NASDAQ:KRNY) is an American bank holding company, headquartered in New Jersey.

At the end of Q1 2022, 16 hedge funds tracked by Insider Monkey held stakes in Kearny Financial Corp. (NASDAQ:KRNY), down from 17 in the previous quarter. These stakes hold a consolidated value of $96.2 million. Among these hedge funds, Renaissance Technologies was the company’s largest shareholder in Q1 2022, with shares worth over $55.8 million.

In 2021, Kearny Financial Corp. (NASDAQ:KRNY) announced a 10% growth in its quarterly dividend to $0.11 per share. In the past five years, the company has increased its dividend at a compound annual rate of 34%. The stock’s dividend yield is 3.64%, as recorded on May 25. At the end of Q1 2022, MFP Investors held stakes worth over $2.4 million in Kearny Financial Corp. (NASDAQ:KRNY), which represented 0.3% of its 13F portfolio.