Top 5 Dividend Stocks To Buy Now According To Analysts

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1. Nutrien Ltd. (NYSE:NTR)

Upside Potential as of March 31: 21.06%

Nutrien Ltd. (NYSE:NTR) tops our list of the best dividend stocks according to analysts. The leading agricultural company declared a 2% increase in its quarterly dividend in February to $0.54 per share. Through this increase, the company stretched its dividend growth streak to five years. As of March 31, the stock has a dividend yield of 3.98%.

The number of hedge funds tracked by Insider Monkey holding stakes in Nutrien Ltd. (NYSE:NTR) grew to 39 in Q4 2023, from 33 in the previous quarter. The collective value of these stakes is nearly $484 million. Among these hedge funds, First Eagle Investment Management was the company’s leading stakeholder in Q4.

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You can also take a look at 11 Best Beaten Down Dividend Stocks to Invest in Now and 10 Best Industrial Machinery Stocks to Invest In

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