5 Best Dividend Stocks to Buy According to Irving Kahn’s Hedge Fund

In this article, we discuss the 5 best dividend stocks to buy according to Irving Kahn’s fund. If you want to read our detailed analysis of Kahn’s history, investment philosophy, and hedge fund performance, go directly to the 10 Best Dividend Stocks to Buy According to Irving Kahn’s Hedge Fund.

5. BP p.l.c. (NYSE: BP)

Kahn Brothers’ Stake Value: $46,576,000
Percentage of Kahn Brothers’ 13F Portfolio: 7.2%
Dividend Yield: 4.84%
Number of Hedge Fund Holders: 29

BP p.l.c. (NYSE: BP) is a multinational oil and gas company based in London. The company was founded in 1908 and stands fifth on the list of 10 best dividend stocks to buy according to Irving Kahn’s fund. BP p.l.c.  shares have gained 25.19% year-to-date.

On July 6, JPMorgan analyst Christyan Malek maintained an “Overweight” rating on the stock.

Kahn Brothers holds 1.91 million shares in BP p.l.c. (NYSE: BP) worth over $46 million. This represents 7.2% of their portfolio. Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital is the company’s most significant stakeholder, with 17.38 million shares worth $423.27 million.