5 Best Consumer Staples Dividend Stocks To Buy Now

In this article, we discuss 5 best consumer staples dividend stocks to buy now. If you want to read our detailed analysis of the consumer staples sector, its performance, and its outlook for 2024, go directly to read 13 Best Consumer Staples Dividend Stocks To Buy Now. 

5. The Coca-Cola Company (NYSE:KO)

Number of Hedge Fund Holders: 57

An American multinational beverage company, The Coca-Cola Company (NYSE:KO) ranks fifth on our list of the best dividend stocks from the consumer staples industry. The company currently pays a quarterly dividend of $0.61 per share and has a dividend yield of 3.07%, as of January 31. It has been rewarding shareholders with 61 consecutive years of dividend growth.

Of the 910 hedge funds in Insider Monkey’s database as of Q3 2023, 57 hedge funds owned stakes in The Coca-Cola Company (NYSE:KO). These stakes have a total value of more than $57 billion. Warren Buffett’s Berkshire Hathaway was the company’s leading stakeholder in Q3.