5 Monthly Dividend Stocks to Buy in December

2. Pembina Pipeline Corp (NYSE:PBA)

Number of Hedge Fund Holders: 8

Dividend Yield: 6.4%

Pembina Pipeline Corp (NYSE:PBA) is an energy company offering transportation and midstream services to the energy industry. It operates through its Pipelines, Facilities, and Marketing & New Ventures segments. The company has raised its dividend for six years.

JPMorgan’s Jeremy Tonet reinstated Pembina Pipeline Corp (NYSE:PBA) this November with a Neutral rating.

For the third quarter, Pembina Pipeline Corp (NYSE:PBA) had an EPS of $0.53, beating estimates by $0.01. The company’s revenue was $1.72 billion, up 43.45% year over year and beating estimates by $218.91 million.

Eight hedge funds held stakes in Main Street Capital Corporation (NYSE:MAIN) in the third quarter. The total stake value was $62.6 million. In the second quarter, 15 hedge funds held stakes in the company worth $116 million.