5 Dividend Stocks to Buy According to Billionaire Michael Price’s MFP Investors

In this article, we will discuss the 10 dividend stocks to buy according to billionaire Michael Price’s MFP Investors.  If you want to read our detailed analysis of these stocks, you can go directly to 10 Dividend Stocks to Buy According to Billionaire Michael Price’s MFP Investors.

5. Banc of California, Inc. (NYSE:BANC)

MFP Investors LLC’s Stake Value: $21,014,000

Percentage of MFP Investors LLC’s 13F Portfolio: 2.43%

Stock Price as of December 8: $20.52

Banc of California, Inc. (NYSE:BANC) is another regional bank in MFP Investor’s portfolio that has been serving customers for the past eight decades. The Santa Ana, California-based bank has 30 branches spread from San Diego to Santa Barbara with 598 employees. Banc of California, Inc. (NYSE:BANC) revealed a six-cent per share quarterly dividend.

The stock has a dividend yield of 1.2%.

Out of the 867 hedge funds being tracked by Insider Monkey, 16 hedge funds have a cumulative stake of $68.455 million in Banc of California, Inc. (NYSE:BANC) as of Q3 2021. This is equivalent to 7.3% of the company’s market capitalization.