4 S&P 500 Dividend Stocks With Institutional Buying

|
Includes: BLK, DV, KMI, LEN
by: Kapitall

Looking for S&P 500 stocks with dividends and the backing of smart money investors? The following list meets these requirements.

We began by screening the S&P 500 index for those that pay out dividends, with yields between 0.5% and 7%.

Next we looked into institutional buying trends and took only the names with significant net buying in the current quarter. Institutions, such as hedge funds, often have sophisticated market analysis available. So when institutions collectively net buy into a stock, it is seen as a bullish indicator of the stock's future performance.

For an interactive version of this chart, click on the image below.

Tool provided by Kapitall. More investing ideas on Kapitall Wire (wire.kapitall.com).

Did "smart money" investors have it right when they bought into these dividend stocks? Use this list as a starting-off point for your own analysis.

List sorted by dividend yield. List Average 1-Year Return: 34%

1. Kinder Morgan, Inc. (NYSE:KMI): Operates energy infrastructure in the United States and Canada. Market cap at $36.59B, most recent closing price at $35.28. Dividend yield at 3.97%. Net institutional purchases in the current quarter at 290.6M shares, which represents about 58.48% of the company's float of 496.93M shares.

2. BlackRock, Inc. (NYSE:BLK): Provides its services to institutional, intermediary, and individual investors. Market cap at $30.63B, most recent closing price at $177.0. Dividend yield at 3.39%. Net institutional purchases in the current quarter at 20.6M shares, which represents about 12.98% of the company's float of 158.66M shares.

3. DeVry, Inc. (NYSE:DV): Provides educational services worldwide. Market cap at $1.25B, most recent closing price at $19.02. Dividend yield at 1.58%. Net institutional purchases in the current quarter at 3.7M shares, which represents about 6.41% of the company's float of 57.75M shares.

4. Lennar Corp. (NYSE:LEN): Operates as a home builder and provider of financial services in the United States. Market cap at $6.06B, most recent closing price at $32.01. Dividend yield at 0.5%. Net institutional purchases in the current quarter at 42.4M shares, which represents about 26.18% of the company's float of 161.96M shares.

Written by Kapitall's Rebecca Lipman. Institutional data sourced from Fidelity, all other data sourced from Finviz.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.