5 Best Dividend Stocks to Buy According to Michael Burry

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In this article we discuss the 5 best dividend stocks to buy according to Michael Burry. If you want to read our detailed analysis of Burry‘s history, and hedge fund performance, go directly to the 10 Best Dividend Stocks to Buy According to Michael Burry.

5. Urstadt Biddle Properties Inc. (NYSE: UBP)

Number of hedge fund holders: N/A

Dividend Yield: 3.36%

Urstadt Biddle Properties Inc. (NYSE: UBP) is a Connecticut-based real estate investment trust that deals in shopping centres. It was founded in 1969 and is ranked fifth on our list of 10 best dividend stocks to buy according to Michael Burry. The company stock has offered more than 33% in returns to investors over the past twelve months. Scion Asset owns 52,512 shares in the company worth over $874,000, representing 0.06% of their portfolio. The real estate trust controls over 81 properties in areas around New York. 

On March 30, Urstadt Biddle Properties Inc. (NYSE: UBP) declared a quarterly dividend of $0.125 per share, in line with previous. In the fourth quarter of 2020, the company reported a revenue of more than $32 million, down 5% compared to the same period in 2019. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Renaissance Technologies is a leading shareholder in Urstadt Biddle Properties Inc. (NYSE: UBP) with 336,817 shares worth more than $5.6 million. 

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