5 Dividend Stocks to Buy According to Hari Hariharan’s NWI Management

1. Intercorp Financial Services Inc. (NYSE:IFS)

Number of Hedge Fund Holders: 3
Dividend Yield as of May 25: 6.77%
NWI Management’s Stake Value: $34,704,000

Intercorp Financial Services Inc. (NYSE:IFS) is a Peru-based insurance company that provides banking, insurance, and wealth management services to its consumers. At the end of Q1 2022, NWI Management held shares worth over $34.7 million in the company, which accounted for 3.97% of Hari Hariharan’s portfolio.

In April, Intercorp Financial Services Inc. (NYSE:IFS) announced a quarterly dividend of $1.75 per share, in line with the previous dividend. The stock’s dividend yield was recorded at 6.77%, as of the close of May 25.

By the end of Q1 2022, 3 hedge funds in Insider Monkey’s database held stakes in Intercorp Financial Services Inc. (NYSE:IFS), down from 5 in the previous quarter. The consolidated value of these stakes is over $40.6 million, up from $32.7 million worth of stakes held by hedge funds in Q4 2021. AQR Capital Management was one of the leading shareholders of the company in Q1 2022, holding stakes worth over $1.1 million.

You can also take a look at Top 10 Stock Picks of Rajiv Jain’s GQG Partners and 15 Best Stocks to Buy for 2022 According to Analysts

Follow Insider Monkey on Twitter