Dividend Challengers List Ranked By Yield: Top 10

In this article, we discuss top 10 dividend challengers according to dividend yields. If you want to read our detailed analysis of dividend growers and the performance of dividend stocks, go directly to read Dividend Challengers List Ranked By Yield: Top 30.

10. Four Corners Property Trust, Inc. (NYSE:FCPT)

Dividend Yield as of January 19: 5.70%

Four Corners Property Trust, Inc. (NYSE:FCPT) is a real estate investment trust company that primarily focuses on owning and leasing properties in the restaurant and retail industries. On November 10, the company declared a 2% hike in its quarterly dividend to $0.345 per share. This marked the company’s seventh consecutive year of dividend growth. With a dividend yield of 5.70% as of January 19, FCPT is one of the highest-yielding stocks on our dividend challengers list.

As of the end of Q3 2023, 12 hedge funds tracked by Insider Monkey owned stakes in Four Corners Property Trust, Inc. (NYSE:FCPT), the same as in the previous quarter. The collective value of these stakes is more than $30.2 million. Among these hedge funds, Marshall Wace LLP was the company’s leading stakeholder in Q3.