5 Best Consumer Staples Dividend Stocks To Buy Now

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1. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 80

Walmart Inc. (NYSE:WMT) tops our list of the best dividend stocks from the consumer staples industry. The multinational retail corporation offers a quarterly dividend of $0.57 per share and has a dividend yield of 1.38%, as of January 31. The company has been growing its dividends consistently for the past 50 consecutive years.

The number of hedge funds tracked by Insider Monkey owning stakes in Walmart Inc. (NYSE:WMT) stood at 80 in Q3 2023, down slightly from 81 in the previous quarter. The total value of these investments is nearly $6 billion.

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You can also take a look at 11 Hyper-Growth Stocks Billionaires Are Loading Up On and 12 Stocks to Buy at a Discount Now

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