5 Best S&P 500 Stocks For Dividend Growth

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1. The Cigna Group (NYSE:CI)

5-Year Average Dividend Growth: 160.6%
Number of Hedge Fund Holders: 74

The Cigna Group (NYSE:CI) tops our list of the best dividend stocks for growth. The global health services has raised its dividends at an annual average rate of 160.6%. The company currently offers a quarterly dividend of $1.23 per share and has a dividend yield of 1.73%, as recorded on September 11.

As of the end of the June quarter of 2023, 74 hedge funds in Insider Monkey’s database reported having stakes in The Cigna Group (NYSE:CI), compared with 79 in the previous quarter. The overall value of these stakes is over $4.06 billion.

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