5 Dividend Stocks to Buy Now According to Billionaire Leon Cooperman

4. Trinity Industries, Inc. (NYSE:TRN)

Dividend Yield as of March 24: 2.68%

Value of Omega Advisors‘ 13F Position: $58.89 million

Trinity Industries, Inc. (NYSE:TRN) hasn’t experienced the same boost in hedge fund ownership that ET has, as 31% of the company’s hedge fund shareholders on March 31 had sold off their positions by the end of 2021. Cooperman, who’s also owned TRN since mid-2017 was not one of them, maintaining his position of 1.95 million shares throughout Q4.

Trinity Industries, Inc. (NYSE:TRN), which supplies a wide range of equipment and parts for the railroad, construction, and energy industries, among others, has been one of the most dependable dividend payers among its peers. The company is in the midst of a 32-year run of making dividend payments, as well as an 11-year run of increasing those payments.

Trinity Industries, Inc. (NYSE:TRN) declared a $0.23 per share quarterly dividend earlier this month, to be payable on April 29 to shareholders of record as of April 14. That payout was in line with the previous quarter’s.