5 Best Income Stocks To Invest In

3. Union Pacific Corporation (NYSE:UNP)

Number of Hedge Fund Holders: 90

Union Pacific Corporation (NYSE:UNP) is an American leading transportation company that operates one of the largest railroad networks in the country. The company offers a quarterly dividend of $1.30 per share and maintains a 16-year streak of consistent dividend growth. With a dividend yield of 2.33%, as of November 23, UNP is one of the best dividend stocks on our list for income investors.

At the end of September 2023, 90 hedge funds in Insider Monkey’s database reported having stakes in Union Pacific Corporation (NYSE:UNP), up from 87 in the previous quarter. The total value of these stakes is over $5.4 billion. With over 8.2 million shares, Soroban Capital Partners was the company’s leading stakeholder in Q3.

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