13 Best Consistent Dividend Stocks to Buy Now

Page 7 of 11

5. S&P Global Inc. (NYSE:SPGI)

Number of Hedge Fund Holders: 106

S&P Global Inc. (NYSE:SPGI) is a New York-based financial information and analytics company. What makes it a lasting investment is its collection of irreplaceable assets, including the S&P 500 index, credit ratings required for companies to access capital markets, and commodity benchmarks that help set prices for global trade. These businesses produce steady, subscription-like revenues while requiring little capital. In times of market volatility, demand for S&P’s data and analytics often rises.

At the same time, while much attention is on chatbots and image generators, S&P Global Inc. (NYSE:SPGI) is applying AI to reshape the economics of financial data. Its Kensho division, purchased for $550 million in 2018, has become central to this strategy, delivering strong productivity gains and greater workflow efficiency across the company’s operations.

In addition, S&P Global Inc. (NYSE:SPGI) is a strong dividend company. It has been growing its payouts for 53 consecutive years, which makes it one of the best dividend stocks for consistent income. As of September 12, the stock has a dividend yield of 0.71%.

Page 7 of 11