Dividend Challengers List Ranked By Yield: Top 10

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4. Atlantica Sustainable Infrastructure plc (NASDAQ:AY)

Dividend Yield as of February 3: 6.54%

Atlantica Sustainable Infrastructure plc (NASDAQ:AY) is a UK-based company that provides renewable energy solutions. In January, RBC Capital upgraded the stock to Outperform with a $34 price target, highlighting the company’s current valuation which supports its dividend yield.

Atlantica Sustainable Infrastructure plc (NASDAQ:AY) currently offers a quarterly dividend of $0.445 per share and has a dividend yield of 6.54%, as of February 3. The company is among the best dividend stocks on our list as it has been raising its payouts for over 5 years.

At the end of Q3 2022, 21 hedge funds tracked by Insider Monkey reported owning stakes in Atlantica Sustainable Infrastructure plc (NASDAQ:AY), the same as in the previous quarter. These stakes have a total value of over $65.6 million. Among these hedge funds, Renaissance Technologies was the company’s leading stakeholder in Q3.

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