10 S&P 500 Dividend Aristocrats To Avoid

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3. Atmos Energy Corporation (NYSE:ATO)

Number of Hedge Fund Holders: 21

Atmos Energy Corporation (NYSE:ATO) is a Texas-based natural gas distribution company that also manages proprietary pipeline and storage assets. On May 3, the company declared a quarterly dividend of $0.74 per share, which was in line with its previous dividend. The company maintains a 38-year streak of dividend growth. The stock’s dividend yield on May 30 came in at 2.57%.

As of the close of Q1 2023, 21 hedge funds in Insider Monkey’s database owned stakes in Atmos Energy Corporation (NYSE:ATO), compared with 22 in the previous quarter. The total value of these stakes is over $291.7 million. Zimmer Partners was the company’s largest stakeholder in Q1.

Follow Atmos Energy Corp (NYSE:ATO)

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