5 Best Long-Term Dividend Stocks To Buy Now

4. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 71

The Procter & Gamble Company (NYSE:PG) is an Ohio-based multinational consumer goods manufacturing company. It holds one of the longest dividend growth streaks in the market, spanning over 68 years. The company currently pays a quarterly dividend of $1.0065 per share for a dividend yield of 2.42%, as of May 13. In the first quarter of 2024, the company returned $2.3 billion to shareholders through dividends, which makes PG one of the best dividend stocks on our list.

At the end of December 2023, 71 hedge funds in Insider Monkey’s database owned stakes in The Procter & Gamble Company (NYSE:PG), compared with 75 in the previous quarter. These stakes are valued at nearly $6 billion in total. With over 10.5 million shares, Fisher Asset Management was the company’s leading stakeholder in Q4.

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