5 Dividend Stock Picks of Late Billionaire Michael Price’s MFP Investors

4. BCB Bancorp, Inc. (NASDAQ:BCBP)

Number of Hedge Fund Holders: 12
Dividend Yield as of May 25: 3.39%
MFP Investors’ Stake Value: $18,630,000

BCB Bancorp, Inc. (NASDAQ:BCBP), an American bank holding company, experienced a positive hedge fund sentiment in Q1 2022, as 12 hedge funds tracked by Insider Monkey were bullish on the company, up from 5 in the previous quarter. The consolidated value of these stakes is over $34.5 million. Along with MFP Investors, Renaissance Technologies was also one of the leading shareholders in this New Jersey-based company, with shares worth over $8.5 million.

BCB Bancorp, Inc. (NASDAQ:BCBP) has been paying dividends to shareholders for over a decade now. Currently, the company pays a quarterly dividend of $0.16 per share, in line with its previous dividend. The stock’s dividend yield was recorded at 3.39%, as of the close of May 25.

MFP Investors did not change its position in BCB Bancorp, Inc. (NASDAQ:BCBP) during Q1 2022. The hedge fund held stakes worth over $18.6 million in the company, which accounted for 2.31% of MFP Investors’ portfolio.