In this article, we discuss 5 dividend stocks to buy for retirement in 2022 according to Reddit. If you want our detailed analysis of dividend investing, go directly to 10 Dividend Stocks to Buy for Retirement in 2022 According to Reddit.
5. Kinder Morgan, Inc. (NYSE:KMI)
Dividend Yield as of January 28: 6.28%
Number of Hedge Fund Holders: 43
Kinder Morgan, Inc. (NYSE:KMI) is a Texas-based energy infrastructure company that provides pipeline transport and oil storage across the United States and Canada.
Kinder Morgan, Inc. (NYSE:KMI) on January 19 declared a $0.27 per share quarterly dividend, in line with previous. The dividend is payable on February 15, to shareholders of record on January 31. Kinder Morgan, Inc. (NYSE:KMI)’s dividend yield as of January 28 came in at 6.28%.
Publishing its Q4 results on January 19, Kinder Morgan, Inc. (NYSE:KMI) posted earnings per share of $0.27, beating estimates by $0.01. Revenue over the period gained 42.05% year-over-year, totaling $4.43 billion, outperforming estimates by $817.84 million. Kinder Morgan, Inc. (NYSE:KMI)’s Q4 guidance suggests that profits in 2022 will jump 40% to $2.5 billion.
Barclays analyst Theresa Chen raised the price target on Kinder Morgan, Inc. (NYSE:KMI) to $19 from $18 and kept an Equal Weight rating on the shares on January 20. The analyst expects “more variability” across refining results in Q4, reflective of execution during the quarter, but she has a “generally positive outlook for the group in 2022.”
Among the hedge funds monitored by Insider Monkey in the third quarter of 2021, 43 funds were long Kinder Morgan, Inc. (NYSE:KMI), with stakes totaling over $1 billion. FPR Partners is the largest Kinder Morgan, Inc. (NYSE:KMI) stakeholder as of Q3 2021, with approximately 20 million shares worth $330 million.
4. Enterprise Products Partners L.P. (NYSE:EPD)
Dividend Yield as of January 28: 7.86%
Number of Hedge Fund Holders: 25
Enterprise Products Partners L.P. (NYSE:EPD) is an American natural gas and crude oil company based in Houston, Texas, providing refined products, petrochemicals, and transportation of oil and gas. Enterprise Products Partners L.P. (NYSE:EPD)’s dividend yield on January 28 came in at 7.86%.
On January 6, Enterprise Products Partners L.P. (NYSE:EPD) declared a $0.465 per share quarterly dividend, which is a 3.3% increase from its prior dividend of $0.450, payable on February 11.
Enterprise Products Partners (NYSE:EPD) announced on January 10 that it has agreed to acquire Navitas Midstream Partners from Warburg Pincus for $3.25 billion in cash, which will provide its natural gas processing and natural gas liquids business with an entry point into the Midland Basin.
Mizuho analyst Gabriel Moreen raised the price target on Enterprise Products Partners (NYSE:EPD) to $30 from $29 and kept a Buy rating on the shares on January 11 after the company announced its intention to acquire privately owned Navitas Midstream.
In the third quarter of 2021, First Eagle Investment Management was the biggest Enterprise Products Partners (NYSE:EPD) stakeholder, with 2.82 million shares worth $61.1 million. Overall, 25 hedge funds were bullish on Enterprise Products Partners (NYSE:EPD) in the third quarter, with stakes totaling $233.2 million.
Here is what ClearBridge Investments has to say about Enterprise Products Partners L.P. (NYSE:EPD) in its Q1 2021 investor letter:
“While reducing in health care and consumer staples, we increased our exposure to high-quality names in economically sensitive areas of the market. We added to low-cost, high-quality energy names (including) Enterprise Products Partners LP. We are positive on this company’s strong balance sheets, competitive positions and exposure to an economic recovery.”
3. Sabra Health Care REIT, Inc. (NASDAQ:SBRA)
Dividend Yield as of January 28: 9.00%
Number of Hedge Fund Holders: 11
Sabra Health Care REIT, Inc. (NASDAQ:SBRA) is a real estate investment trust headquartered in Irvine, California, that owns and invests in healthcare establishments.
On November 12, Sabra Health Care REIT, Inc. (NASDAQ:SBRA) declared a $0.30 per share quarterly dividend, in line with previous. The dividend was paid on November 30, to shareholders of record on November 16. Sabra Health Care REIT, Inc. (NASDAQ:SBRA)’s dividend yield on January 28 came in at 9%.
Mizuho analyst Vikram Malhotra lowered the price target on Sabra Health Care REIT, Inc. (NASDAQ:SBRA) to $16 from $18 and kept a Neutral rating on the shares on January 20 after taking over coverage of the name. After outperforming the S&P 500 Index in 2021, the REIT sector is facing a “tricky macro set-up” in 2022, the analyst told investors in a research note.
A total of 11 hedge funds were bullish on Sabra Health Care REIT, Inc. (NASDAQ:SBRA) in the third quarter of 2021, with stakes totaling $33 million. AQR Capital Management is the biggest stakeholder of Sabra Health Care REIT, Inc. (NASDAQ:SBRA, with 1.11 million shares worth $16.3 million.
2. Western Asset Mortgage Capital Corporation (NYSE:WMC)
Dividend Yield as of January 28: 11.43%
Number of Hedge Fund Holders: 9
Western Asset Mortgage Capital Corporation (NYSE:WMC) is a mortgage finance real estate investment trust that finances residential loans, commercial loans, non-agency commercial mortgage backed securities, as well as agency residential mortgage backed securities.
On December 21, Western Asset Mortgage Capital Corporation (NYSE:WMC) declared a quarterly dividend of $0.06 per share, in line with previous. The dividend was paid on January 26, to shareholders of record on December 31. Western Asset Mortgage Capital Corporation (NYSE:WMC)’s dividend yield as of January 28 stands at 11.43%.
Among the hedge funds tracked by Insider Monkey in Q3 2021, 9 hedge funds were bullish on Western Asset Mortgage Capital Corporation (NYSE:WMC), with stakes equaling $20.6 million. Two Sigma Advisors holds a $1.93 million stake in Western Asset Mortgage Capital Corporation (NYSE:WMC), and is one of the leading shareholders of the company.
1. Icahn Enterprises L.P. (NASDAQ:IEP)
Dividend Yield as of January 28: 14.98%
Number of Hedge Fund Holders: 4
Icahn Enterprises L.P. (NASDAQ:IEP) is an American conglomerate that is headed by billionaire activist investor, Carl Icahn. Icahn Enterprises L.P. (NASDAQ:IEP) invests in multiple industries including energy, automotive, food packaging, metals, real estate, and home fashion.
Icahn Enterprises L.P. (NASDAQ:IEP) is one of the top choices for dividend stocks to buy for retirement according to Reddit, since investors believe in the vision of Carl Icahn and are willing to bet significant funds on the activist investor’s vision and company.
Icahn Enterprises L.P. (NASDAQ:IEP) on November 2 declared a $2.00 per share quarterly dividend, in line with previous. The dividend was paid on December 22, to shareholders of record on November 16.
Carl Icahn’s Icahn Capital LP is the largest stakeholder of Icahn Enterprises L.P. (NASDAQ:IEP) as of Q3 2021, holding over 247 million shares of the company, worth $12.3 billion. Overall, 4 hedge funds were bullish on Icahn Enterprises L.P. (NASDAQ:IEP) according to the third quarter database of Insider Monkey.
You can also take a look at 10 High Yield Dividend Kings for 2022 and Morgan Stanley’s Top 10 Stock Picks for 2022.
