5 Dividend Stocks to Buy Now According to Allon Hellmann’s Full18 Capital

4. MGM Growth Properties LLC (NYSE:MGP)

Full18 Capital Stake Value: $1,680,000
Percentage of Full18 Capital’s 13F Portfolio: 0.69%
Number of Hedge Fund Holders: 29
Dividend Yield: 5.22%

MGM Growth Properties LLC (NYSE:MGP), a real estate investment trust, is among the list of 10 dividend stocks to buy now according to Allon Hellmann’s Full18 Capital. On November 4, the company posted earnings for the third fiscal quarter, reporting funds from operations of $0.65 beating market predictions by $0.06. However, the revenue was $194.3 million over the period missing the estimates by $5.42 million. It also announced a monthly dividend of $0.52 per share, in line with previous.

The stock is a new arrival on Hellmann’s portfolio, as his hedge fund bought about 45,890 shares of the company, worth $1.68 million. Full18 Capital’s stake in MGM Growth Properties LLC is paying off, as the company stock is up by 37.12% over the past 12 months. On September 28, MGM Growth was downgraded to “Sector Weight” from “Overweight,” by KeyBanc analyst Todd Thomas due to the impending takeover by VICI Properties.

Out of the hedge funds being tracked by Insider Monkey, Citadel Investment Group is a leading shareholder in MGM Growth Properties LLC (NYSE:MGP) with 3.30 million shares worth more than $120.87 million.