5 Best Long-Term Dividend Stocks To Buy Now

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

Number of Hedge Fund Holders: 68  

Consecutive Years of Dividend Growth: 64  

Forward Dividend Yield: 2.50%      

The Procter & Gamble Company (NYSE:PG) is placed second on our list of 12 best long-term dividend stocks to buy now. The firm makes and sells consumer packaged goods. It is headquartered in Ohio. 

On October 5, investment advisory Bank of America reinstated coverage of The Procter & Gamble Company (NYSE:PG) stock with a Buy rating and a price target of $160, noting that bigger brands were adapting to a dynamic market. 

Out of the hedge funds being tracked by Insider Monkey, London-based investment firm Cedar Rock Capital is a leading shareholder in The Procter & Gamble Company (NYSE:PG)  with 7.5 million shares worth more than $1 billion.