S&P 500 Dividend Aristocrats List: Top 10 Picks by Hedge Funds

Page 10 of 10

1. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 91

Walmart Inc. (NYSE:WMT) experienced huge growth in hedge fund positions in the most recent quarter. According to Insider Monkey’s database, 91 hedge funds owned stakes in the retail corporation in Q1 2023, up from 66 in the preceding quarter. These stakes are collectively worth over $5.6 billion.

Walmart Inc. (NYSE:WMT) pays a quarterly dividend of $0.57 per share for a dividend yield of 1.56%. In 2023, the company stretched its dividend growth streak to 50 years. It tops our list of the best dividend aristocrat stocks according to hedge funds.

Follow Walmart Inc. (NYSE:WMT)

You can also take a look at Analysts are Upgrading These 10 Stocks and 14 Best Biotech Stocks To Buy

Follow Insider Monkey on Twitter

Page 10 of 10