Dividend Aristocrats List: Top 10 Among Billionaires

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1. Johnson & Johnson (NYSE:JNJ)

Number of Billionaire Investors: 20
Number of Hedge Fund Holders: 84

Johnson & Johnson (NYSE:JNJ) tops our list of the best dividend aristocrat stocks among billionaires in Q3. The multinational healthcare company has achieved an impressive streak of dividend growth spanning 61 years. It currently provides a quarterly dividend of $1.19 per share, resulting in a dividend yield of 3.00% based on the stock’s performance on December 6.

Insider Monkey’s database for the third quarter of 2023 showed that 84 hedge funds held investments in Johnson & Johnson (NYSE:JNJ), down slightly from 88 in the previous quarter. These stakes are collectively valued at over $4.1 billion.

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