In this article, we will be taking a look at 5 dividend stocks for the small-cap investor. To read our detailed analysis of dividend investing, you can go directly to see the 10 Dividend Stocks for the Small-Cap Investor.
5. TrustCo Bank Corp NY (NASDAQ: TRST)
Number of Hedge Fund Holders: 13
Dividend Yield: 4.3%
TrustCo Bank Corp NY (NASDAQ: TRST) is the holding company for Trustco Bank, which is a federal savings bank offering personal and business banking services to individuals, partnerships, and corporations. The company ranks 5th on our list of dividend stocks for the small-cap investor.
In the second quarter of 2021, TrustCo Bank Corp NY (NASDAQ: TRST) had an EPS of $0.75, beating estimates by $0.06. The company’s revenue was $44.81 million, up 9.01% year over year and beating estimates by $1.13 million.
By the end of the second quarter of 2021, 13 hedge funds out of the 873 tracked by Insider Monkey held stakes in TrustCo Bank Corp NY (NASDAQ: TRST) worth roughly $27 million. This is compared to 15 hedge funds in the previous quarter with a total stake value of approximately $31.3 million.
4. The RMR Group Inc. (NASDAQ: RMR)
Number of Hedge Fund Holders: 13
Dividend Yield: 4.6%
The RMR Group Inc. (NASDAQ: RMR) is a provider of business and property management services in the US. The company offers its services to four publicly traded REITs and three real estate operating companies as well. It ranks 4th on our list of dividend stocks for the small-cap investor.
This August, BTIG raised its price target on shares of The RMR Group Inc. (NASDAQ: RMR) from $44 to $47, while reiterating a Buy rating on the stock as well.
In the fiscal third quarter of 2021, The RMR Group Inc. (NASDAQ: RMR) had an EPS of $0.50, beating estimates by $0.03. The company’s revenue was $145.24 million, up 4.76% year over year and beating the previous quarter’s revenue of $131.56 million.
By the end of the second quarter of 2021, 13 hedge funds out of the 873 tracked by Insider Monkey held stakes in The RMR Group Inc. (NASDAQ: RMR) worth roughly $83 million. This is compared to 16 hedge funds in the previous quarter with a total stake value of approximately $100 million.
3. Urstadt Biddle Properties Inc. (NYSE: UBA)
Number of Hedge Fund Holders: 11
Dividend Yield: 4.8%
Urstadt Biddle Properties Inc. (NYSE: UBA), a self-administered equity REIT, owns or has equity interests in about 81 properties consisting of approximately 5.2 million square feet of land. The company ranks 3rd on our list of dividend stocks for the small-cap investor.
Deutsche Bank just this September raised its price target on shares of Urstadt Biddle Properties Inc. (NYSE: UBA) to $21, while reiterating a Hold rating on the stock.
In the fiscal third quarter of 2021, Urstadt Biddle Properties Inc. (NYSE: UBA) had an FFO of $0.36, in line with estimates. The company’s revenue was $34.33 million, up 19.21% year over year and beating estimates by $0.46 million.
By the end of the second quarter of 2021, 11 hedge funds out of the 873 tracked by Insider Monkey held stakes in Urstadt Biddle Properties Inc. (NYSE: UBA) worth roughly $21 million. This is compared to 10 hedge funds in the previous quarter with a total stake value of approximately $19 million.
2. American Finance Trust, Inc. (NASDAQ: AFIN)
Number of Hedge Fund Holders: 13
Dividend Yield: 10.2%
American Finance Trust, Inc. (NASDAQ: AFIN) is a publicly traded real estate investment trust. The company acquires and manages a diversified portfolio of service-oriented and traditional retail and distribution-related commercial real estate properties within America. It ranks 2nd on our list of dividend stocks for the small-cap investor.
This February, B. Riley raised the price target on shares of American Finance Trust, Inc. (NASDAQ: AFIN) to $11, while reiterating a Buy rating on the stock as well.
In the second quarter of 2021, American Finance Trust, Inc. (NASDAQ: AFIN) had an FFO of $0.23, in line with estimates. The company’s revenue was $81.58 million, up 8.87% year over year and beating estimates by $0.78 million.
By the end of the second quarter of 2021, 13 hedge funds out of the 873 tracked by Insider Monkey held stakes in American Finance Trust, Inc. (NASDAQ: AFIN) worth roughly $25 million. This is compared to 7 hedge funds in the previous quarter with a total stake value of approximately $12 million.
1. Invesco Mortgage Capital Inc. (NYSE: IVR)
Number of Hedge Fund Holders: 10
Dividend Yield: 11.9%
Invesco Mortgage Capital Inc. (NYSE: IVR) is another real estate investment trust on our list of dividend stocks for the small-cap investor, ranking 1st. The company invests in, finances, and manages mortgage-backed securities and other related assets.
In the second quarter of 2021, Invesco Mortgage Capital Inc. (NYSE: IVR) had an FFO of $0.10, beating estimates by $0.01. The company’s revenue was $46.33 million, up 55.83% year over year and also beating estimates by $4.27 million.
By the end of the second quarter of 2021, 10 hedge funds out of the 873 tracked by Insider Monkey held stakes in Invesco Mortgage Capital Inc. (NYSE: IVR) worth roughly $37 million. This is compared to 14 hedge funds in the previous quarter with a total stake value of approximately $58 million.
You can also take a look at 15 Most Valuable Weed Companies in the World and 20 Best Places to Invest in Rental Property in 2021.
