5 Best Dividend Aristocrats with Over 4% Yield

In this article, we will be looking at the 5 best dividend aristocrats with over 4% yield. To see our detailed analysis of dividend investing, you can go directly to the 10 Best Dividend Aristocrats with Over 4% Yield.

5. International Business Machines Corporation (NYSE: IBM)

Number of Hedge Fund Holders: 41
Dividend Yield: 4.59%
Number of Years of Consistent Dividend Growth: 26

International Business Machines Corporation (NYSE: IBM) is an information technology company that offers integrated solutions and services across the globe. The company ranks 5th on our list of the best dividend aristocrats with over 4% yield.

Katy Huberty from Morgan Stanley raised her price target on International Business Machines Corporation (NYSE: IBM) just this July, retaining her Equal Weight rating on the shares as well.

In the second quarter of 2021, International Business Machines Corporation (NYSE: IBM) had an EPS of $2.33, beating estimates by $0.04. The company’s revenue was $18.75 billion, up 3.43% year over year and beating estimates by $447.50 million. International Business Machines Corporation (NYSE: IBM) has also gained 16.58% in the past 6 months and 15.19% year to date.

By the end of the first quarter of 2021, 41 hedge funds out of the 866 tracked by Insider Monkey held stakes in International Business Machines Corporation (NYSE: IBM) worth roughly $1.35 billion. This is compared to 51 hedge funds in the previous quarter with a total stake value of approximately $998 million.