5 Best Consumer Discretionary Dividend Stocks To Buy According to Analysts

3. NIKE, Inc. (NYSE:NKE)

Upside Potential as of April 24: 19.07%

NIKE, Inc. (NYSE:NKE) is next on our list of the best dividend stocks according to analysts with an upside potential of over 19%. The multinational footwear and apparel company offers a quarterly dividend of $0.37 per share for a dividend yield of 1.56%, as recorded on April 24. The company maintains a 22-year streak of consistent dividend growth.

As of the end of the December quarter of 2023, 69 hedge funds tracked by Insider Monkey held stakes in NIKE, Inc. (NYSE:NKE), which remained the same as in the previous quarter. These stakes are collectively valued at over $3.5 billion. With roughly 10 million shares, Fisher Asset Management was the company’s leading stakeholder in Q4.

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