5 Best Consumer Discretionary Dividend Stocks To Buy Now

In this article, we will take a look at the 5 best consumer discretionary dividend stocks to buy now. To see more such companies, go directly to 15 Best Consumer Discretionary Dividend Stocks To Buy Now.

5. Macy’s, Inc. (NYSE:M)

Number of Hedge Fund Holders: 41

Department store company Macy’s, Inc. (NYSE:M)’s ranks 5th in our list of the best consumer discretionary dividend stocks. Macy’s, Inc. (NYSE:M) recently declared a quarterly dividend of $0.1654 per share, which was a 5% increase from the prior dividend of $0.1575. The latest dividend is payable on April 3 to shareholders of record as of March 15.

Macy’s, Inc. (NYSE:M)’s saw a strong uptick in hedge fund sentiment in the fourth quarter. At the end of the December quarter, 41 hedge funds reported owning stakes in Macy’s, Inc. (NYSE:M), up from 31 hedge funds in the previous quarter.