5 Dividend Stocks to Buy According to Matthew Barrett’s Glendon Capital Management

Page 5 of 5

1. CVR Partners, LP (NYSE:UAN)

Number of Hedge Fund Holders: 4
Dividend Yield as of March 1: 9.38%
Glendon Capital’s Stake Value: $11,041,000

CVR Partners, LP (NYSE:UAN) is an American company that manufactures nitrogen fertilizer products. In Q4 2021, Glendon Capital held a stake worth over $11 million in the company, which accounted for 0.58% of Matthew Barrett’s portfolio.

On February 25, CVR Partners, LP (NYSE:UAN) announced a quarterly dividend of solid $5.24 per share, an increase of 79% from its previous dividend. The stock’s dividend yield stood at 9.38%, as of March 1. Since the start of 2022, the stock delivered a 24.8% return to shareholders, as of the market close of March 1.

By the end of Q4 2021, 4 hedge funds tracked by Insider Monkey reported owning stakes in CVR Partners, LP (NYSE:UAN), down from 5 in the previous quarter. The total value of these stakes is over $15.4 million.

You can also take a look at Billionaire Andreas Halvorsen’s Top Stock Picks and 14 Best Internet of Things Stocks To Buy Now

Page 5 of 5