12 Best Mid-Cap Dividend Aristocrats to Invest in Now

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1. Evercore Inc. (NYSE:EVR)

Number of Hedge Fund Holders: 44

Evercore Inc. (NYSE:EVR) is a New York-based investment banking advisory firm, with operations divided into two main segments: Investment Banking and Investment Management. The company also supports clients in securing both public and private capital, offers equity research, handles equity sales, and provides agency trading services. In addition, the firm delivers wealth and investment management solutions tailored to high-net-worth individuals and institutional clients.

Evercore Inc. (NYSE:EVR) delivered strong earnings in the first quarter of 2025, with revenues of $699.9 million, up 19% from the same period last year. The revenue surpassed analysts’ estimates by $99 million. The company’s operating income came in at $116.3 million, compared with $90.6 million in the prior-year period. As of March 31, it had $553 million available in cash and cash equivalents, demonstrating the company’s strong cash position.

Evercore Inc. (NYSE:EVR) has always remained committed to its shareholder value. In the most recent quarter, the company returned $454.3 million to investors through dividends and share repurchases. In addition, it has been growing its dividends for 18 consecutive years. It pays a quarterly dividend of $0.84 per share and has a dividend yield of 1.59%, as of May 5.

Overall, Evercore Inc. (NYSE:EVR) ranks first on our list of the best mid-cap dividend aristocrats to buy now. While we acknowledge the potential of EVR as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than EVR but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the dirt cheap dividend stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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