5 High Dividend Stocks for 2022

2. United-Guardian, Inc. (NYSE:UG)

Number of Hedge Fund Holders: 2

Dividend Yield: 8.3%

Number of Years of Dividend Growth: 1

United-Guardian, Inc. (NYSE:UG), a consumer staples company, markets cosmetic ingredients, pharmaceuticals, medical lubricants, and specialty industrial products. The company has a dividend yield of over 8.3%.

Two hedge funds out of 867 hedge funds held stakes in United-Guardian, Inc. (NYSE:UG) in the third quarter according to our data.

Palm Valley Capital Management, an investment management firm, mentioned United-Guardian, Inc. (NYSE:UG) in its second-quarter 2021 investor letter. Here’s what they said:

“We sold United-Guardian (ticker: UG)  after the share price exceeded our intrinsic value estimates. These company was negatively impacted by the pandemic but is beginning to see light at the end of the tunnel.”