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

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5. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 75

The Procter & Gamble Company (NYSE:PG) specializes in a wide range of personal care and hygiene products. On April 11, the company declared a quarterly dividend of $0.9407 per share, having raised it by 3%. Through this increase, the company took its dividend growth streak to 67 years, which places it as one of the best dividend aristocrat stocks on our list. The stock delivers a dividend yield of 2.59%, as of May 29.

At the end of Q1 2023, 75 hedge funds in Insider Monkey’s database owned stakes in The Procter & Gamble Company (NYSE:PG), up from 74 a quarter earlier. These stakes have a total value of $4.66 billion.

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