5 Dividend Stocks for the Small-Cap Investor

3. Urstadt Biddle Properties Inc. (NYSE: UBA)

Number of Hedge Fund Holders: 11
Dividend Yield: 4.8%

Urstadt Biddle Properties Inc. (NYSE: UBA), a self-administered equity REIT, owns or has equity interests in about 81 properties consisting of approximately 5.2 million square feet of land. The company ranks 3rd on our list of dividend stocks for the small-cap investor.

Deutsche Bank just this September raised its price target on shares of Urstadt Biddle Properties Inc. (NYSE: UBA) to $21, while reiterating a Hold rating on the stock.

In the fiscal third quarter of 2021, Urstadt Biddle Properties Inc. (NYSE: UBA) had an FFO of $0.36, in line with estimates. The company’s revenue was $34.33 million, up 19.21% year over year and beating estimates by $0.46 million.

By the end of the second quarter of 2021, 11 hedge funds out of the 873 tracked by Insider Monkey held stakes in Urstadt Biddle Properties Inc. (NYSE: UBA) worth roughly $21 million. This is compared to 10 hedge funds in the previous quarter with a total stake value of approximately $19 million.