5 Best Mid-Cap Dividend Aristocrats To Buy

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1. Lincoln Electric Holdings, Inc. (NASDAQ:LECO)

Number of Hedge Fund Holders: 36
Market Cap as of April 11: $9.1 billion 

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) is an American multinational company of welding products and also specializes in robotic welding systems. It tops our list of the best dividend stocks as the company has raised its dividends for 27 years in a row. It currently pays a quarterly dividend of $0.64 per share and has a dividend yield of 1.60%, as of April 11.

As of the end of Q4 2022, 28 hedge funds tracked by Insider Monkey reported owning stakes in Lincoln Electric Holdings, Inc. (NASDAQ:LECO), with a total value of roughly $314 million. Woodline Partners was the company’s leading stakeholder in Q4.

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