5 Best Dividend Aristocrat Stocks To Buy Now

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1. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 88

An American multinational corporation, Johnson & Johnson (NYSE:JNJ) has been raising its dividends consistently for the past 61 years. The company offers a quarterly dividend of $1.19 per share for a dividend yield of 2.99%, as of September 26. It tops our list of the best dividend aristocrat stocks to buy now.

As of the close of Q2 2023, 88 hedge funds owned stakes in Johnson & Johnson (NYSE:JNJ), up from 86 in the previous quarter, according to Insider Monkey’s database. These stakes are worth over $4.1 billion in total.

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