5 Best Consistent Dividend Stocks to Buy

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1. Brady Corporation (NYSE:BRC)

Consecutive Years of Dividend Growth: 37
5-Year Average Payout Ratio: 38.6%

Brady Corporation (NYSE:BRC) is an American manufacturing company that deals in specialty products and technical equipment. The company offers a quarterly dividend of $0.23 per share and has a dividend yield of 1.68%, as of February 28. This consistent dividend stock has raised its payouts for 37 years in a row. Moreover, its five-year average payout ratio came in at 38.6%.

At the end of Q4 2022, 14 hedge funds tracked by Insider Monkey owned investments in Brady Corporation (NYSE:BRC), up from 11 in the previous quarter. The stakes owned by these hedge funds have a total value of $95.7 million.

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