5 Dividend Stocks to Buy According to Matthew Barrett’s Glendon Capital Management

2. EPR Properties (NYSE:EPR)

Number of Hedge Fund Holders: 22
Dividend Yield as of March 1: 6.71%
Glendon Capital’s Stake Value: $17,715,000

An American real estate investment trust, EPR Properties (NYSE:EPR) pays monthly dividends to shareholders. In 2020, the company temporarily cut its dividend due to the pandemic. Currently, EPR Properties (NYSE:EPR) pays a monthly dividend of $0.25 per share, with a solid dividend yield of 6.71%, as of  March 1.

By the end of the fourth quarter of 2021, 22 hedge funds tracked by Insider Monkey held stakes in EPR Properties (NYSE:EPR), valued at $248.6 million. In comparison, 19 hedge funds held positions in the company in the preceding quarter, with stakes valued at $220 million.

On February 23, Stifel lifted its price target on EPR Properties (NYSE:EPR) to $56.50, while maintaining a Hold rating on the shares. Glendon Capital started building its position in EPR Properties (NYSE:EPR) during Q4 2021, with shares worth over $17.7 million. The company made up 0.93% of Matthew Barrett’s portfolio.