Dividend Aristocrats List: Top 10 Among Billionaires

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8. Abbott Laboratories (NYSE:ABT)

Number of Billionaire Investors: 18
Number of Hedge Fund Holders: 69

Abbott Laboratories (NYSE:ABT) is an Illinois-based medical device company that operates across various segments within the healthcare industry. The company offers a quarterly dividend of $0.21 per share, holding a dividend growth streak of 51 years. The stock has a dividend yield of 1.94%, as of December 6.

The number of hedge funds in Insider Monkey’s database owning stakes in Abbott Laboratories (NYSE:ABT) grew to 69 in Q3 2023, from 62 in the previous quarter. The collective value of these stakes is over $2.26 billion. Billionaires Ray Dalio and Ken Fisher were the most notable stakeholders of the company in Q3.

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