5 Dividend Stocks to Buy According to Donald Yacktman’s Hedge Fund

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In this article, we discuss the 5 dividend stocks to buy according to Donald Yacktman’s hedge fund. If you want to read our detailed analysis of Yacktman’s investment career and his hedge fund, go directly to read 10 Dividend Stocks to Buy According to Donald Yacktman’s Hedge Fund.

5. Canadian Natural Resources Limited (NYSE:CNQ)

Number of Hedge Fund Holders: 27
Dividend Yield: 4.47%

Canadian Natural Resources Limited (NYSE:CNQ) is a Canadian company that is engaged in the exploration of hydrocarbon.

Canadian Natural Resources Limited (NYSE:CNQ) gained 65% in 2021, while its 12-month return came in at 77.02%. In November, TD Securities raised its price target on the stock to C$61, while keeping a Buy rating on the shares. Canadian Natural Resources Limited (NYSE:CNQ), one of the best dividend stocks to buy according to Donald Yacktman’s hedge fund, pays an annual dividend of $1.49 per share. The stock’s current dividend yield stands at 4.47%.

Yacktman Asset Management was the largest shareholder of Canadian Natural Resources Limited (NYSE:CNQ) in Q3, owning shares worth $608 million. Overall, 27 hedge funds tracked by Insider Monkey reported owning stakes in the company in Q3, the same as in the previous quarter. The total value of these stakes is over $777 million, compared with $528.8 million in Q1.

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