5 Best Blue Chip Dividend Stocks

In this article, we will be taking a look at the 5 best blue chip dividend stocks. To read our detailed analysis of dividend investing, you can go directly to see the 10 Best Blue Chip Dividend Stocks.

5. Genuine Parts Company (NYSE:GPC)

Number of Hedge Fund Holders: 29

Dividend Yield: 2.4%

Genuine Parts Company (NYSE:GPC), a US-based service organization, is renowned as one of the best blue chip dividend stocks to invest in. The company distributes automotive replacement parts, industrial replacement parts, office products, and electrical or electronic materials.

In the second quarter, 29 hedge funds held stakes in Genuine Parts Company (NYSE:GPC), worth $418 million. The previous quarter, 26 hedge funds held stakes in the company worth $357 million.