5 Best Monthly Dividend Stocks to Buy for 2022

4. EPR Properties (NYSE:EPR)

Number of Hedge Fund Holders: 19
Dividend Yield as of January 30: 6.96%

EPR Properties (NYSE:EPR) is a real estate investment trust that mainly invests in amusement parks and related entertainment properties. Though the number of hedge funds having stakes in the company reduced in Q3, the analysts remained bullish on the stock as its fundamentals begin to improve post-pandemic. Recently, RBC Capital raised its price target on EPR Properties (NYSE:EPR) to $52, with a Sector Perform rating on the shares.

On January 13, EPR Properties (NYSE:EPR) announced a monthly dividend of $0.25 per share, with a dividend yield of 6.96%. During the third quarter of 2021, the company collected $11.3 million of deferred rent. Moreover, an FFO of $0.86, which beat consensus by $0.03, provided power to the company to revise its guidance upwards. EPR Properties (NYSE:EPR) now expects the full-year FFO in the range of $2.95-$3.01.

Arrowstreet Capital held the largest stake in EPR Properties (NYSE:EPR) in Q3, worth $53 million. Overall, 19 hedge funds were bullish on the company in Q3, with stakes valued at over $220 million. In the previous quarter, 20 hedge funds held stakes in EPR Properties (NYSE:EPR), valued at over $231 million.