5 Best Consistent Dividend Stocks To Invest In

In this article, we discuss 5 best consistent dividend stocks to invest in. If you want to read our detailed analysis of dividend stocks and the performance of dividend growers over the years, go directly to read 14 Best Consistent Dividend Stocks To Invest In. 

5. NextEra Energy, Inc. (NYSE:NEE)

Number of Hedge Fund Holders: 58

NextEra Energy, Inc. (NYSE:NEE) is a leading American energy company with a focus on clean and renewable energy solutions. The company offers a quarterly dividend of $0.4675 per share and has a dividend yield of 3.15%, as of January 31. It is one of the best consistent dividend stocks on our list as the company has been growing its dividends for the past 27 years.

At the end of the third quarter of 2023, 58 hedge funds tracked by Insider Monkey owned stakes in NextEra Energy, Inc. (NYSE:NEE), compared with 59 in the previous quarter. These stakes have a total value of over $1.4 billion.