5 Best Consistent Dividend Stocks To Invest In

3. Verizon Communications Inc. (NYSE:VZ)

Number of Hedge Fund Holders: 61

Verizon Communications Inc. (NYSE:VZ) is next on our list of the best consistent dividend stocks to invest in. The American telecommunications company has raised its dividends for 17 years in a row and offers a quarterly dividend of $0.665 per share. As of January 31, the stock has a dividend yield of 6.26%.

The number of hedge funds in Insider Monkey’s database owning stakes in Verizon Communications Inc. (NYSE:VZ) grew to 61 in Q3 2023, from 53 a quarter earlier. The collective value of stakes owned by these hedge funds is roughly $1.4 billion.

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