5 Best Dividend Stocks According to Andreas Halvorsen’s Viking Global

In this article, we discuss the 5 best dividend stocks according to Andreas Halvorsen’s Viking Global. If you want to read our detailed analysis of Halvorsen’s hedge fund, Viking Global, and its performance, go directly to read 10 Best Dividend Stocks According to Andreas Halvorsen’s Viking Global. 

5. Assurant, Inc. (NYSE:AIZ)

Number of Hedge Fund Holders: 28
Viking Global’s Stake Value: $268,667,000
Dividend Yield as of February 15: 1.64%

Assurant, Inc. (NYSE:AIZ), an American insurance company, increased its quarterly dividend by 3% on November 10, 2021. This marked the company’s 17^th year of consistent dividend growth. Assurant, Inc. (NYSE:AIZ) currently pays a quarterly dividend of $0.68 per share, which yields 1.64%.

As per Insider Monkey’s Q3 data, the hedge fund interest spiked in Assurant, Inc. (NYSE:AIZ), as 28 hedge funds held stakes in the company, up from 26 in the previous quarter. These stakes hold a consolidated value of over $794 million.

As of Q4 2021, Viking Global’s stake in Assurant, Inc. (NYSE:AIZ) equaled over $268.6 million. The company constituted 0.77% of Andreas Halvorsen’s portfolio. On February 14, Morgan Stanley lifted its price target on Assurant, Inc. (NYSE:AIZ) to $197, while maintaining an Overweight rating on the shares.