5 Dividend Stocks to Buy Under $20

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1. Golden Ocean Group Ltd (NASDAQ:GOGL)

Number of Hedge Fund Holders: 15

Dividend Yield: 15.56%

Golden Ocean Group Ltd (NASDAQ:GOGL) is a shipping company that owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets.

This September, H.C. Wainwright analyst Magnus Fyhr initiated coverage of Golden Ocean Group Ltd (NASDAQ:GOGL) with a Neutral rating and a $13 price target.

By the end of the second quarter, 15 hedge funds held stakes in Golden Ocean Group Ltd (NASDAQ:GOGL) worth over $133.3 million. This is compared to 11 hedge funds in the first quarter of 2021, with stakes of $62.1 million.

You can also take a look at 10 Best Dividend Stocks to Buy According to Billionaire Howard Marks and 10 Best Dividend Stocks for Long Term.

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