11 Best Income Stocks to Buy According to Hedge Funds

4. Chubb Limited (NYSE:CB)

Number of Hedge Fund Holders: 55

Chubb Limited (NYSE:CB) is a leading global insurer that offers a wide variety of coverage, including property and casualty, life insurance, and reinsurance. The company is known for its conservative underwriting approach and its broad, diversified product portfolio.

Chubb Limited (NYSE:CB) has a strong track record of consistent underwriting profits and careful cash management. The company has raised its dividend for 32 consecutive years, reflecting its financial strength and reliability. The company also produces solid free cash flow, which supports both dividend payments and share repurchases. With a low payout ratio of 17%, CB is well-positioned to maintain and grow its dividend over time.

Chubb Limited (NYSE:CB) currently offers a quarterly dividend of $0.97 per share, having raised it by 6.6% in May. The stock has a dividend yield of 1.46%, as of July 31.