5 Dividend Stocks to Buy According to Bernard Horn’s Polaris Capital

2. The Williams Companies, Inc. (NYSE:WMB)

Polaris Capital’s Stake Value: $51.75 million

Percentage of Polaris Capital’s 13F portfolio: 1.64%

Total Number of Hedge Fund Holders: 40

Dividend Yield: 5.81%

According to the regulatory filings for the third quarter, Bernard Horn reported owning 1,995,200  shares in The Williams Companies, Inc. (NYSE: WMB), with a combined value of $51.75 million, which represents 1.64% of his overall portfolio.

The Williams Companies, Inc. (NYSE: WMB) is an energy infrastructure company that deals in the exploration, production, transportation, sale and processing of natural gas and petroleum products. With operations primarily based in the United States, the company reported a dividend yield of 5.81% over the last quarter.

Investment firm Longleaf Partners Fund mentioned The Williams Companies, Inc. (NYSE: WMB) in its Q2 2021 investor letter. Here’s what the fund said:

“Williams (14%, 0.51%), the natural gas pipeline operator, was also a positive contributor. The value grew slowly but steadily thanks to continued cash flow growth at Williams’s main Transco pipeline, as well as good volume trends (up 11% YOY) in its Northeast assets. The stock traded up with gas price strength as the quarter went on. We believe that management is open to more transactions to grow and simplify value per share, and as industry conditions improve, this becomes more likely.”