The FTSE 100 index had less than 15% returns excluding dividends throughout the 10-year period ending in 2016. A dividend yield of more than 4% can help income investors make a significant profit. The Coca-Cola Company, PepsiCo, Johnson & Johnson, and Chevron Corporation are among the most sought-after dividend stocks with over 30 years of dividend increases. These stocks are also very popular with hedge funds.
Insider Monkey dives into the 10 stocks with over 30 years of dividend hikes. With 13.2 million shares worth $152.2 million, Polaris Capital Management is the largest shareholder in Amcor Plc. At the end of June, 16 hedge funds in Insider Monkey’s database reported having shares in Amcor Plc. With a 3.93 percent yield, Walgreens Boots Alliance, Inc. is one of the top stocks with over 30 years of dividend increases. Cardinal Health, Inc. is a healthcare services conglomerate based in the United States. Cardinal Health provides pharmaceutical products and medical services to pharmacies and hospitals in the United States. With a yield of 4.06 percent, Consolidated Edison, Inc. is one of the top stocks with over 30 years of dividend increases. Hedge funds were positive on the firm at the end of June, up from 22 the previous quarter. Northwest Natural Holding Company is a natural gas distributor in Western Oregon and Southwest Washington, serving residential, commercial, and industrial clients. With 102,471 shares worth $5.38 million, Ken Griffin’s Citadel Investment Group is the largest shareholder. For more details, click 10 Stocks With Over 30 Years Of Dividend Hikes.
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