5 Dividend Knights that Beat the Market Last 5 Years

1. West Pharmaceutical Services, Inc. (NYSE:WST)

5-Year Share Price Gains as of February 8: 198.5%

West Pharmaceutical Services, Inc. (NYSE:WST) specializes in the packaging and distribution of pharmaceuticals. The stock outperformed the market in the past five years with a 198.5% return during this time. The company maintains a 30-year streak of consistent dividend growth, which places it as one of the best dividend stocks on our list. It pays a quarterly dividend of $0.19 per share and has a dividend yield of 0.28%, as of February 8.

As of the close of Q3 2022, 39 hedge funds tracked by Insider Monkey reported owning stakes in West Pharmaceutical Services, Inc. (NYSE:WST), up from 34 in the previous quarter. These stakes are worth $817.5 million collectively.

Conestoga Capital Advisors mentioned West Pharmaceutical Services, Inc. (NYSE:WST) in its Q3 2022 investor letter. Here is what the firm has to say:

“West Pharmaceutical Services, Inc. (NYSE:WST): Similar to its industry peers, WST saw its share price decline despite solid overall results. WST reported 23% organic growth (ex-COVID) in the second quarter as the biologics market continues to perform well. WST did reduce full-year guidance by $100 million to account for greater foreign currency headwinds ($75mm impact) and slowing COVID demand ($85mm impact). This implies a guidance raise of $60 million on the base business, which we view as important to driving long term appreciation. WST also set expectations for COVID revenue to decline by 30-50% in 2023 after declining 20% to $375 million in 2022.”

You can also take a look at 12 Best S&P 500 Dividend Stocks To Buy and 12 Cheap Biotech Stocks To Buy

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