76 Best Insurance Dividend Stocks To Invest In

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If you are an investor in one of the 76 best insurance dividend stocks to invest in, you’re regularly collecting dividend payments from your investment, which can help spur the cycle of reinvestment or provide you with a small amount of regular income, depending on the size of your investment.

Several hedge funds that Insider Monkey tracks became upbeat about insurance company stocks during the first quarter based on their recent wave of 13F filings. Over the next few pages, we have analyzed the best insurance company stocks for investing based on that hedge fund sentiment. That’s what we do at Insider Monkey and our flagship strategy has returned 44.2% since February 2016 vs. a 29.6% gain for the S&P 500 index ETF (SPY). Our most recent stock picks, which were disclosed to our subscribers in the middle of February, beat the market by 5 percentage points in the three months that followed and our latest picks were released in the middle of May. Our system is easy for investors to implement, with just a small batch of trades to be executed once per quarter.

nito/Shutterstock.com

nito/Shutterstock.com

To give an idea on how influential hedge funds are in investment-related moves connected to insurance stocks, here are a few statistics. As of now, there are 85 insurance companies that currently offer dividends. Of those companies, all but five have at least one hedge fund backing them, with one company having 61 of the hedge funds in our database as shareholders. These aggregate hedge fund investments vary in size, from as little as $342,000 to more than $6 billion. Overall, as of the end of the first quarter of 2017, hedge funds hold insurance stock positions worth $36.71 billion, with the top ten companies accounting for almost 60% of those investment dollars.

For this list of the best insurance dividend stocks to invest in, the companies are ranked according to the number of hedge funds tracked by Insider Monkey which are invested in each stock as of the end of the first quarter of 2017. In case two or more insurance companies have the same number of hedge fund backers, the companies are then ranked based on how much money the hedge funds have invested in each company. The hedge fund ownership data is as of March 31, 2017, while figures for each stock’s dividend yield, share price, and annual dividend are as of July 10, 2017.

Head to the next page to begin the countdown of the 76 best insurance dividend stocks to invest in.

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