5 Dividend Stocks to Buy According to Hoon Kim’s Quantinno Capital

1. Global Net Lease, Inc. (NYSE:GNL)

Quantinno Capital Stake Value: $233,000
Percentage of Quantinno Capital’s 13F Portfolio: 0.26%
Number of Hedge Fund Holders: 13
Dividend Yield: 10.45%

Global Net Lease, Inc. (NYSE:GNL) is a real estate investment services company. Its primary goal is to build a diverse worldwide portfolio of commercial properties, concentrating on sale-leaseback transactions involving single tenant, mission-critical net-leased assets in the United States, Western Europe, and Northern Europe. In October, the company declared a quarterly dividend of $0.40 per share, in line with the previous.

Among hedge funds being tracked by Insider Monkey, Millennium Management held the most valuable stake in Global Net Lease, Inc., worth $16.75 million in the third quarter. On November 4, the company posted earnings results for the third quarter, reporting an FFO of $0.43, missing the estimates by $0.02. However, the revenue over the period was more than $95.75 million, up 15.8% year-on-year.

At the end of the second quarter of 2021, 13 hedge funds in the database of Insider Monkey held stakes worth $26.16 million in Global Net Lease, Inc., down from 16 in the preceding quarter worth $38.69 million.

You can also take a peek at 12 Best Long-Term Dividend Stocks To Buy Now and 20 Safe Dividend Stocks to Quit Your 9 to 5 Job

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