Dividend Aristocrats List: Top 10 Among Billionaires

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3. Walmart Inc. (NYSE:WMT)

Number of Billionaire Investors: 18
Number of Hedge Fund Holders: 80

Walmart Inc. (NYSE:WMT) is a major American retail giant that runs an extensive network of hypermarkets, discount stores, and grocery outlets in various formats and locations worldwide. The company provides a quarterly dividend of $0.57 per share, yielding approximately 1.48%, as of December 6. Notably, the company has maintained a record of consistent dividend growth for 50 consecutive years, which makes WMT one of the best dividend aristocrat stocks on our list.

As of the close of Q3 2023, 80 hedge funds tracked by Insider Monkey owned stakes in Walmart Inc. (NYSE:WMT), valued at roughly $6 billion in total. Billionaire Ken Fisher, Ken Griffin, and Cliff Asness were the company’s most prominent stakeholders in Q3.

Follow Walmart Inc. (NYSE:WMT)

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