5 Best Dividend Growth Stocks With 10%+ Yearly Increases

In this article, we discuss 5 best dividend growth stocks with 10%+ yearly increases. If you want to read our detailed analysis of dividend growth stocks and their performance in the past, go directly to read 13 Best Dividend Growth Stocks With 10%+ Yearly Increases. 

5. UnitedHealth Group Incorporated (NYSE:UNH)

Number of Hedge Fund Holders: 104
5-Year Average Annual Dividend Growth Rate: 16.14%

UnitedHealth Group Incorporated (NYSE:UNH) is a diversified healthcare company that operates across several segments within the healthcare industry. It’s one of the largest health insurance and healthcare services companies globally. The company has been raising its dividends for 13 consecutive years and currently offers a quarterly dividend of $1.88 per share. As of December 12, the stock has a dividend yield of 1.38%. With a 5-year annual average dividend growth of 16.14%, UNH is one of the best dividend stocks on our list.

According to Insider Monkey’s database of Q3 2023, 104 hedge funds owned stakes in UnitedHealth Group Incorporated (NYSE:UNH), compared with 111 in the preceding quarter. The total value of these stakes is nearly $11 billion.