Daniel Johnson’s Gillson Capital Portfolio: 5 Best Dividend Stocks

3. Spirit Realty Capital, Inc. (NYSE:SRC)

Number of Hedge Fund Holders: 24
Dividend Yield as of February 17: 5.41%
Gillson Capital’s Stake Value: $14,186,000

A Dallas-based real estate investment trust, Spirit Realty Capital, Inc. (NYSE:SRC) currently pays a quarterly dividend of $0.638 per share, which the company increased by 2% in 2021. The stock’s dividend yield stands at 5.41%.

In Q4 2021, Gillson Capital held a stake worth over $14 million in Spirit Realty Capital, Inc. (NYSE:SRC), after increasing its position in the company by 13%. The company represented 0.92% of Daniel Johnson’s portfolio. As the real estate sector outperformed the S&P 500 in 2021, Mizuho lifted its price target on Spirit Realty Capital, Inc. (NYSE:SRC) to $49, while maintaining a Neutral rating on the shares.

By the end of Q4 2021, 24 hedge funds tracked by Insider Monkey held a $343.7 million worth of stake in Spirit Realty Capital, Inc. (NYSE:SRC). In the previous quarter, 23 hedge funds held positions in the company.