10 Best Diversified Dividend Stocks To Buy Now

4. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 68

The Procter & Gamble Company (NYSE:PG)  is an American multinational consumer goods company. It recently released its fiscal Q2 2025 earnings and reported revenue of $21.9 billion. The revenue showed a 2% YoY growth and also beat analysts’ estimates by over $291 million. The company’s organic sales, which exclude the effects of foreign exchange, divestitures, and acquisitions, grew by 3%. This growth occurred even after the company stopped raising prices, demonstrating its ability to achieve volume growth, which is considered more valuable than simply increasing revenue through price hikes. Organic volume increased by 2%, while prices remained unchanged. The baby, feminine, and family care segment performed particularly well, with both organic volume and sales rising by 4%.

Looking ahead, investors were optimistic about The Procter & Gamble Company (NYSE:PG)’s guidance, which projected organic sales growth of 3% to 5% and overall revenue growth of 2% to 4%, surpassing the consensus estimate of 1.4% growth. The company also expects core EPS growth of 5% to 7%, with earnings ranging from $6.91 to $7.05, excluding foreign exchange challenges. This outlook is slightly above analysts’ estimates of $6.93.

The Procter & Gamble Company (NYSE:PG) is one of the best dividend stocks on our list as the company holds one of the longest dividend growth track records in the market, spanning over 68 years. Its cash position has enabled the company to achieve this feat. In the most recent quarter, the company reported an operating cash flow of $4.8 billion and its free cash flow productivity was 84%. Moreover, the company paid $2.4 billion worth of dividends to shareholders. Its quarterly dividend comes in at$1.0065 per share and has a dividend yield of 2.44%, as of January 22.

Of the 900 hedge funds tracked by Insider Monkey at the end of Q3 2024, 68 funds held stakes in The Procter & Gamble Company (NYSE:PG), up from 64 in the previous quarter. These stakes have a collective value of over $8.8 billion.