In terms of US Treasury yields, some of these equities are more appealing than government bonds. Dividend-paying companies must be listed on the NYSE or Nasdaq, but they do not have to be members of the S&P 500. In November and December, they must have an average daily cash volume of around $500,000 before the Index’s reconstitution date. Consider the long-term revenue growth of a dividend stock. Dividend stocks that did not increase their payouts between 1972 and 2013, but kept them at the same level. From 1972 to 2013, the former was able to outpace the latter by around 2.4 percent every year.
Insider Monkey looks at the 10 best dividend achievers to buy according to hedge funds. Hedge funds rate Exxon Mobil Corporation 10th on the list of the best dividend achievers to purchase. The firm is situated in Texas and is involved in the production and distribution of crude oil and natural gas. In June, Wells Fargo increased its price target on Exxon Mobil’s stock from $67 to $72. Hedge funds put Pfizer Inc. ninth on the list of the best dividend achievers to purchase. The company is committed to developing medical solutions and is one of the most well-known COVID-19 vaccine producers. Pfizer’s stock has risen 17.4% in the last six months and 14.37 percent year to date. Hedge funds put McDonald’s Corporation eighth on the list of the greatest dividend achievers to purchase. Under the McDonald’s name, the firm has one of the most well-known restaurant franchises in the world. It’s also up 19.11 percent in the last six months and 17.19 percent so far this year. Hedge funds rate The Home Depot, Inc. seventh on the list of the best dividend achievers to purchase. The stock has increased by 17.7% in the last six months and by 24% year to date. It is the biggest home improvement retailer in the United States. Hedge funds put Verizon Communications Inc. sixth on the list of the best dividend achievers to purchase. The corporation is based in the United States and is a Dow Jones Industrial Average corporate component. In the last six months, it has increased by 1.5 percent. For more details, click 10 Best Dividend Achievers to Buy According to Hedge Funds.