5 Best Finance Stocks that Pay Dividends

3. Huntington Bancshares Incorporated (NASDAQ: HBAN)

Number of Hedge Fund Holders: 27
Dividend Yield: 4.2%

Huntington Bancshares Incorporated (NASDAQ: HBAN), a regional bank holding company, provides consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services through its Huntington National Bank and affiliates. The company has about $123 billion in assets and ranks 3rd on our list of the best finance stocks that pay dividends.

Keefe Bruyette’s David Konrad has taken over coverage of Huntington Bancshares Incorporated (NASDAQ: HBAN) this July with a Market Perform rating. Konrad also has a $15 price target on the company’s shares.

In the first quarter of 2021, Huntington Bancshares Incorporated (NASDAQ: HBAN) had an EPS of $0.48, beating estimates by $0.16. The company’s revenue was $1.37 billion, up 18.77% year over year and also beating estimates by $142.50 million. Huntington Bancshares Incorporated (NASDAQ: HBAN) has also gained 2.22% in the past 6 months and 10.03% year to date.

By the end of the first quarter of 2021, 27 hedge funds out of the 866 tracked by Insider Monkey held stakes in Huntington Bancshares Incorporated (NASDAQ: HBAN) worth roughly $154 million. This is compared to 29 hedge funds in the previous quarter with a total stake value of approximately $88.6 million.