Contrarian Ideas: 6 Dividend Champions Being Sold by the Smart Money

The following is a list of “dividend champions” - companies that have increased dividend payouts for more than 25 consecutive years. Additionally, all these stocks have seen net institutional selling over the last two quarters.Given the history of these names and the apparent negative sentiment from institutional investors, which of these stocks do you think is being underestimated? Click for expanded images:1. Universal Corp. (UVV): Tobacco Products Industry. Market cap of $997.05M. Dividend yield at 4.52%. On a net basis, institutional investors sold -867.1K shares during the current quarter and -502.8K shares during the previous quarter. The stock is a short squeeze candidate, with a short float at 12.23% (equivalent to 11.13 days of average volume). It's been a rough couple of days for the stock, losing 6.06% over the last week. 2. Federal Realty Investment Trust (FRT): REIT. Market cap of $5.04B. Dividend yield at 3.3%. On... Read more