5 Best Consistent Dividend Stocks To Invest In

4. Lockheed Martin Corporation (NYSE:LMT)

Number of Hedge Fund Holders: 60

Lockheed Martin Corporation (NYSE:LMT) is a major player in aeronautics, designing and manufacturing advanced aircraft for military and civilian purposes. On January 24, the company announced a quarterly dividend of $3.15 per share, which was in line with its previous dividend. In 2023, the company stretched its dividend growth streak to 21 years, which places LMT as one of the best consistent dividend stocks on our list. The stock’s dividend yield on January 31 came in at 2.92%.

At the end of Q3 2023, 60 hedge funds tracked by Insider Monkey owned stakes in Lockheed Martin Corporation (NYSE:LMT), up from 52 in the preceding quarter. The consolidated value of these stakes is over $1.64 billion.

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