In this article, we discuss 5 best dividend stocks that outperformed in 2022. If you want to see more best dividend stocks that outperformed in 2022, the risk/reward, and methodology of this list, go directly to 12 Best Dividend Stocks That Outperformed in 2022.
5. Mondelez International, Inc. (NASDAQ:MDLZ)
Year to Date Return as of December 13: 2.47%
Dividend Yield as of December 13: 2.28%
Number of Hedge Fund Holders: 52
Consumer staple Mondelez International, Inc. (NASDAQ:MDLZ) has performed relatively well this year despite the market’s overall volatility. While the S&P 500 has declined 16.2%, Mondelez International, Inc. (NASDAQ:MDLZ) has rallied 2.47% to trade for around an all time high.
In July 2022, Mondelez International, Inc. (NASDAQ:MDLZ) announced it is increasing its quarterly dividend by 10% to $0.385 per share, giving the stock a dividend yield of 2.28% as of December 13.
4. Lockheed Martin Corporation (NYSE:LMT)
Year to Date Return as of December 13: 35.52%
Dividend Yield as of December 13: 2.50%
Number of Hedge Fund Holders: 53
Lockheed Martin Corporation (NYSE:LMT) has surged by 35.52% year to date as many defense stocks have outperformed the overall market this year. For Q3, the company earned $6.71 per share on sales of $16.6 billion versus the consensus of $6.67 per share on revenue of $16.65 billion. Lockheed Martin Corporation (NYSE:LMT)’s backlog increased to $140 billion and its board announced an additional $14 billion in share repurchase authority.
In September, the company announced it is increasing its quarterly dividend by $0.20 per share to $3 per share, giving Lockheed Martin Corporation (NYSE:LMT) a dividend yield of 2.50%.
3. McDonald’s Corporation (NYSE:MCD)
Year to Date Return as of December 13: 2.12%
Dividend Yield as of December 13: 2.22%
Number of Hedge Fund Holders: 53
McDonald’s Corporation (NYSE:MCD) stock has rallied 2.12% this year as the restaurant chain’s business has been stable despite the inflation headwinds.
For the third quarter, the company reported adjusted EPS of $2.68 on sales of $5.87 billion versus the consensus of $2.58 on sales of $5.69 billion. Global comparable sales rose 9.5% year over year and McDonald’s Corporation (NYSE:MCD)’s U.S comparable sales increased 6.1% year over year.
Although other restaurants have reported lower traffic after increasing menu prices given inflation, McDonald’s Corporation (NYSE:MCD)’s Q3 results indicate that the company’s traffic to its U.S. restaurants is increasing.
2. Walmart Inc. (NYSE:WMT)
Year to Date Return as of December 13: 1.96%
Dividend Yield as of December 13: 1.52%
Number of Hedge Fund Holders: 68
Walmart Inc. (NYSE:WMT) raised its annual dividend to $2.24 per share in February of this year, marking the 49th straight year of dividend increases. As a result of the increase, Walmart Inc. (NYSE:WMT) has a dividend yield of 1.52% as of December 13.
Walmart Inc. (NYSE:WMT has substantial scale given its fiscal year 2022 sales of $573 billion and its 10,500 stores. As a result of its scale, the company can often sell products cheaper than its competitors and help customers save money. In a high inflation environment, that’s a good market position to be in and Walmart Inc. (NYSE:WMT) has increased 1.96% this year as a result. At the end of September, 68 hedge funds in our database owned shares of Walmart Inc. (NYSE:WMT), ranking the stock #2 on our list of 12 Best Dividend Stocks That Outperformed in 2022.
1. Johnson & Johnson (NYSE:JNJ)
Year to Date Return as of December 13: 4.47%
Dividend Yield as of December 13: 2.52%
Number of Hedge Fund Holders: 85
In April, the board of healthcare giant Johnson & Johnson (NYSE:JNJ) increased the company’s quarterly dividend by 6.6% to $1.13 per share in April in recognition to the company’s strong financial position and confidence in the future. As a result, Johnson & Johnson (NYSE:JNJ) has increased its annual dividend for 60 straight years and has a dividend yield of 2.52% as of 12/13. When factoring in its 4.47% advance this year, Johnson & Johnson (NYSE:JNJ)’s total return nears 7% in 2022.
Given 85 hedge funds in our database owned shares of Johnson & Johnson (NYSE:JNJ) at the end of Q3, the company ranks #1 on our list of 12 Best Dividend Stocks That Outperformed in 2022.
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