In this article, we discuss the 5 monthly dividend stocks to buy in May. If you wish to read our detailed analysis of these stocks and the latest market situation, go directly to 10 Monthly Dividend Stocks to Buy in May.
5. EPR Properties (NYSE:EPR)
Number of Hedge Fund Holders: 22
Dividend Yield (as of April 29): 6.28%
EPR Properties (NYSE:EPR) is a real estate investment trust which owns and manages entertainment-themed properties such as ski resorts, casinos and movie theatres across the United States. The firm temporarily ceased its dividend payments during the pandemic in 2020, but with tourism picking up after the Covid lockdowns, EPR Properties (NYSE:EPR) is well-positioned to enjoy future growth and stability, and offers an impressive yield of 6.28% as of April 29. The firm declared on April 14 a $0.275 per share monthly dividend, which was in-line with previous.
Investors were seen buying up on EPR Properties (NYSE:EPR) in the fourth quarter of 2021, with 22 hedge funds reporting bullish bets on the company shares, as compared to 19 hedge funds a quarter ago. Arrowstreet Capital, the largest shareholder of EPR Properties (NYSE:EPR) during the fourth quarter, held 1.11 million shares of the REIT worth $53.14 million.
As of April 29, EPR Properties (NYSE:EPR) has jumped 10.08% in the last 12 months, and 8.49% in the year to date. The company posted $154.91 million in revenue for the fourth quarter, which showed an increase of 65.83% from the year-ago quarter and also beat analysts’ expectations by $14.5 million.