5 Best Consistent Dividend Stocks to Invest In

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1. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 88

Johnson & Johnson (NYSE:JNJ) tops our list of the best dividend stocks to invest in. American multinational healthcare corporation has an outstanding track record of consistently increasing its dividends for an impressive 61 consecutive years. The company currently distributes a quarterly dividend of $1.19 per share, offering investors an attractive dividend yield of 3.14%, as of November 6.

As of the close of Q2 2023, 88 hedge funds, up from 86 in the previous quarter, held stakes in Johnson & Johnson (NYSE:JNJ), according to Insider Monkey’s database. The consolidated value of these stakes is over $4.1 billion.

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