5 Best Blue Chip Dividend Stocks

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1. Northwest Natural Holding Company (NYSE:NWN)

Number of Hedge Fund Holders: 11

Dividend Yield: 4.2%

Northwest Natural Holding Company (NYSE:NWN) is a natural gas distribution company and is one of the best blue chip dividend stocks income investors can buy today. The company is based in Portland, Oregon, and operates through subsidiary companies like NW Natural, NW Natural Water Company, LLC, and others.

Northwest Natural Holding Company’s (NYSE:NWN) third quarter earnings report shows an EPS of -$0.67, beating estimates by $0.07. The company’s revenue was $101.45 million, also beating estimates by $0.52 million. Northwest Natural Holding Company (NYSE:NWN) has also gained 0.90% year to date.

According to our hedge fund data for the second quarter, 11 hedge funds held stakes in the company in this quarter, worth $14.2 million. In comparison, 10 hedge funds held stakes in the company in the first quarter, worth $28 million.

See also 10 Best Defense Stocks To Buy Now and 10 Biggest Phone Companies In The World.

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