5 Best February Dividend Stocks To Buy

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In this article, we discuss 5 best February dividend stocks to buy. If you want to read our detailed analysis of dividend investment and returns of dividend stocks over the years, go directly to read 10 Best February Dividend Stocks To Buy

5. STAG Industrial, Inc. (NYSE:STAG)

Number of Hedge Fund Holders: 19

STAG Industrial, Inc. (NYSE:STAG) is an American real estate investment trust company that specializes in the acquisition of industrial properties throughout the US. On January 11, the company declared a 0.7% hike in its monthly dividend to $0.1225 per share. This was the company’s 11th consecutive year of dividend growth. The stock has a dividend yield of 4.19%, as of January 30.

In the firm nine months of 2022, STAG Industrial, Inc. (NYSE:STAG) paid $22.3 million to shareholders in dividends. The company’s strong commitment to shareholders places it as one of the best dividend stocks on our list.

At the end of Q3 2022, 19 hedge funds tracked by Insider Monkey owned stakes in STAG Industrial, Inc. (NYSE:STAG), valued at $336.2 million collectively. With over 4.5 million hares, Zimmer Partners was the company’s leading stakeholder in Q3.

Carillon Tower Advisers mentioned STAG Industrial, Inc. (NYSE:STAG) in its Q1 2022 investor letter. Here is what the firm has to say:

“U.S. and around the world, and the higher inflation this cycle than in 2000. Labor inflation and general labor availability were again concerns for many companies. Supply chains eased for some goods, but remained challenged for many commodities including energy, agriculture, and fertilizer due to war and general scarcity, and also in many consumer products as semiconductors remained in short supply. Stag Industrial (NYSE:STAG), a warehouse REIT focused on rural distribution properties, fell as interest rates rose and fear of an economic slowdown gripped markets.”

Follow Stag Industrial Inc. (NYSE:STAG)

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