Top 10 Dividend Stocks of 2023

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7. The Sherwin-Williams Company (NYSE:SHW)

Number of Hedge Fund Holders: 78
Year-to-Date Returns as of October 2: 3.93%

The Sherwin-Williams Company (NYSE:SHW) is a multinational company primarily engaged in the manufacturing, distribution, and sale of paint, coatings, and related products. The company’s dividend growth streak stands at 44 years and it pays a quarterly dividend of $0.605 per share. The stock has a dividend yield of 0.97%, as of October 2.

The number of hedge funds tracked by Insider Monkey owning stakes in The Sherwin-Williams Company (NYSE:SHW) grew to 78 in the second quarter of 2023, from 68 a quarter earlier. The consolidated value of these stakes is over $4.5 billion. With over 2.2 million shares, Viking Global was the company’s leading stakeholder in Q2.

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