5 Best Dividend Stocks For Steady Growth

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1. L3Harris Technologies, Inc. (NYSE:LHX)

3-Year Average Dividend Growth: 44.01%
Consecutive Years of Dividend Growth: 22

L3Harris Technologies, Inc. (NYSE:LHX) tops our list of the best dividend stocks for steady growth. An American tech company has raised its payouts for 22 years straight, with a 3-year average dividend growth rate of 44.01%. It currently pays a quarterly dividend of $1.14 per share and has a dividend yield of 2.58%, as of August 29.

At the end of the June quarter of 2023, 35 hedge funds tracked by Insider Monkey held stakes in L3Harris Technologies, Inc. (NYSE:LHX), worth collectively over $1.43 billion. With over 1.2 million shares, Balyasny Asset Management was the company’s largest stakeholder in Q2.

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