10 S&P 500 Dividend Aristocrats To Avoid

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5. Federal Realty Investment Trust (NYSE:FRT)

Number of Hedge Fund Holders: 21

Federal Realty Investment Trust (NYSE:FRT) is an American real estate investment trust company that mainly invests in shopping centers across the country. It is another dividend aristocrat stock on our list with 55 years of consecutive dividend growth. The company offers a quarterly dividend of $1.08 per share and has a dividend yield of 4.94%.

Mizuho reiterated a Buy rating on Federal Realty Investment Trust (NYSE:FRT) in May with a $91 price target, expecting a potential earnings upside in the second half of the year.

The number of hedge funds tracked by Insider Monkey owning stakes in Federal Realty Investment Trust (NYSE:FRT) grew to 21 in Q1 2023, from 16 in the previous quarter. These stakes have a total value of over $82.6 million.

Follow Federal Realty Investment Trust (NYSE:FRT)

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