5 Dividend Stocks to Buy According to Phil Stone’s Fourthstone LLC

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In this piece, we will take a look at the top 5 dividend stocks to buy according to Phil Stone’s Fourthstone LLC. For more details on dividend yields and Mr. Stone’s investment firm, head on over to 10 Dividend Stocks to Buy According to Phil Stone’s Fourthstone LLC.

5. Timberland Bancorp, Inc. (NASDAQ:TSBK)

Dividend Yield: 3.04%

Number of Hedge Fund Holders: 9

Timberland Bancorp, Inc. (NASDAQ:TSBK) is a Washington-based holding company for the Timberland Bank that provides banking services in the state. These services include accounts, deposit certificates, and loans. Fourthstone LLC owned 70,723 Timberland Bancorp, Inc. (NASDAQ:TSBK) shares during the third quarter of this year. These were worth $2 million and 0.81% of its portfolio.

The holding company brought in $17.4 million in revenue and $0.83 in GAAP EPS for its Q3. Timberland Bancorp, Inc. (NASDAQ:TSBK)’s dividend yield is 3.04%. During Q3 2021, 9 of the 867 hedge funds polled by Insider Monkey held stakes in the company. Timberland Bancorp, Inc. (NASDAQ:TSBK)’s largest investor is Chuck Royce’s Royce & Associates which owns 586,769 shares worth $16.9 million.


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