5 Best March Dividend Stocks To Buy

4. Fidelity National Financial, Inc. (NYSE:FNF)

Ex-Dividend Date: March 16
Dividend Yield as of February 17: 4.19%

Fidelity National Financial, Inc. (NYSE:FNF) is an American insurance company, based in Florida. The company provides insurance-related and settlement services to its consumers. In January, Barclays raised its price target on the stock to $53 with an oVerweight rating on the shares. The firm gave a neutral stance on the US consumer finance sector.

Fidelity National Financial, Inc. (NYSE:FNF) currently pays a quarterly dividend of $0.45 per share, which has a dividend yield of 4.19%, as of February 17. The company has been raising its dividends for nearly a decade now. The stock will go ex-dividend on March 16 and will be payable to shareholders of record on March 17.

At the end of September 2022, 30 hedge funds tracked by Insider Monkey reported owning stakes in Fidelity National Financial, Inc. (NYSE:FNF), with a total value of roughly $874 million.

Third Avenue Management mentioned Fidelity National Financial, Inc. (NYSE:FNF) in its Q3 2022 investor letter. Here is what the firm has to say:

“Fidelity National Financial, Inc. (NYSE:FNF) (2.4% of Fund Assets), which is planning to distribute a 15% stake in its wholly-owned life-insurance subsidiary (F&G Annuities & Life) having now established the segment at significant scale with approximately $40 billion of assets under management. This transaction will leave the FNF Group with a listed proxy for the value of its retained 85% stake in F&G, as well as a “net cash” balance sheet and market leading position in US title insurance (and other transaction-related activity) through its wholly-owned Fidelity National Financial subsidiary.”