5 Most Promising Dividend Stocks According to Analysts

3. Fidelity National Information Services, Inc. (NYSE:FIS)

Number of Hedge Fund Holders: 64

One-Year Average Price Estimate: $81.71

Financial and technology services company Fidelity National Information Services, Inc. (NYSE:FIS) ranks 3rd in our list of the most promising dividend stocks according to analysts.

In February, Fidelity National Information Services, Inc. (NYSE:FIS) declared a quarterly dividend of $0.52 per share, a whopping 10.6% increase from the prior dividend of $0.47. The dividend was payable on March 24 to shareholders of record as of March 10.

At the end of the fourth quarter of 2022, 64 hedge funds had stakes in Fidelity National Information Services, Inc. (NYSE:FIS).

Diamond Hill Large Cap Strategy made the following comment about Fidelity National Information Services, Inc. (NYSE:FIS) in its Q4 2022 investor letter:

“In addition to SVB Financial and V.F. Corporation, we eliminated our positions in financial services technology company Fidelity National Information Services, Inc. (NYSE:FIS) and media and technology company Comcast Corporation (NASDAQ:CMCSA). Several reasons factored into our decision to sell Fidelity National Information Services, including board and leadership changes, a strategic review, and a cooperation agreement with activist shareholder D.E. Shaw (and discussions with JANA Partners).”