Dividend Aristocrats List by Yield: Top 10 Stocks

2. International Business Machines Corporation (NYSE:IBM)

Dividend Yield as of November 14: 4.62%

International Business Machines Corporation (NYSE:IBM) is a New York-based tech company that provides a wide range of tech services to its consumers. In the first nine months of the year, the company reported an operating cash flow of $6.5 billion and its free cash flow amounted to $4.1 billion. The company remained committed to its shareholder obligation in Q3 2022, returning $1.5 billion to stakeholders through dividends.

International Business Machines Corporation (NYSE:IBM) is one of the best dividend stocks on our list as it has been making regular dividend payments since 1916. Moreover, the company has achieved a 27-year dividend growth streak. It pays a quarterly dividend of $1.65 per share and has a dividend yield of 4.62%, as of November 14.

Morgan Stanley maintained an Overweight rating on International Business Machines Corporation (NYSE:IBM) in October with a $152 price target, highlighting the company’s balance sheet and its growing revenue.

According to Insider Monkey’s database, 40 hedge funds owned stakes in International Business Machines Corporation (NYSE:IBM) in Q2 2022, compared with 43 in the previous quarter. These stakes have a total value of over $948.3 million.