5 Mid-Cap Dividend Stocks to Buy Now

2. American Eagle Outfitters, Inc. (NYSE:AEO)

Dividend Yield as of March 30: 4.18%

Market Capitalization as of March 30: $2.911 billion

Number of Hedge Fund Holders: 31

Headquartered in Pittsburgh, Pennsylvania, American Eagle Outfitters, Inc. (NYSE:AEO) is a retailer of clothing, accessories, and personal care products for men and women. American Eagle Outfitters, Inc. (NYSE:AEO)’s market capitalization as of March 30 equals $2.91 billion. 

On March 2, American Eagle Outfitters, Inc. (NYSE:AEO) declared a quarterly dividend of $0.18 per share, in line with previous. The dividend was paid on March 24, to shareholders of record on March 11. The stock yields 4.18% as of March 30. 

Cowen analyst Oliver Chen kept an Outperform rating on American Eagle Outfitters, Inc. (NYSE:AEO) on March 4, but lowered the price target to $25 from $31. The analyst believes the underlying brand momentum remains solid but supply chain challenges and increased freight costs remain pressure points. 

Among the hedge funds tracked by Insider Monkey, 31 funds were bullish on American Eagle Outfitters, Inc. (NYSE:AEO) at the end of December 2021, with collective stakes amounting to $1.13 billion. Select Equity Group is the largest shareholder of the company, with 21.5 million shares worth $546.75 million.