5 Best Performing Dividend Stocks in 2023

2. General Electric Company (NYSE:GE)

Year-to-Date Returns as of October 27: 64.08%
Number of Hedge Fund Holders: 71

General Electric Company (NYSE:GE) is an American multinational conglomerate that has various business segments and operates in multiple industries. The company currently pays a quarterly dividend of $0.80 per share and has a dividend yield of 0.30%, as of October 27. With a year-to-date return of 64.08%, GE is one of the best-performing stocks on our list.

The number of hedge funds tracked by Insider Monkey having stakes in General Electric Company (NYSE:GE) jumped to 71 in Q2 2023, from 59 in the previous quarter. These stakes have a total value of over $10.1 billion. With over 41.6 million shares, TCI Fund Management was the company’s leading stakeholder in Q2.

Follow General Electric Co (NYSE:GE)