5 Best Dividend Stocks of All Time

In this article, we discuss the best dividend stocks of all time. You can skip our detailed analysis of dividend stocks and their returns over the years, and go directly to read 15 Best Dividend Stocks of All Time.

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

Dividend Yield as of November 25: 2.81%

An American multinational beverage company, The Coca-Cola Company (NYSE:KO) was lauded by Street analysts due to its recent quarterly beat. In October, both UBS and Barclays raised their price targets on the stock to $68 and $67, respectively. UBS maintained a Buy rating on the stock.

The Coca-Cola Company (NYSE:KO) has always managed to have a strong balance sheet. In the first nine months of the year, the company reported an operating cash flow of $8.1 billion while it generated $7.3 billion in free cash flow during this period. The company’s revenue for the third quarter showed an 11% year-over-year growth at $11.1 billion.

The Coca-Cola Company (NYSE:KO) has paid regular dividends to shareholders since 1920 and has raised its dividends consistently for the past 60 years. The company currently pays a quarterly dividend of $0.44 per share and has a dividend yield of 2.81%, as recorded on November 25.

At the end of Q3 2022, Berkshire Hathaway was the largest stakeholder of The Coca-Cola Company (NYSE:KO) with 400 million shares. Overall, 59 hedge funds in Insider Monkey’s database owned stakes in the company in Q3, with a total value of over $25 billion.

Carillon Tower Advisers mentioned The Coca-Cola Company (NYSE:KO) in its Q3 2022 investor letter. Here is what the firm has to say:

“Shares of The Coca-Cola Company (NYSE:KO) sold off with consumer staples even as the company reported strong pricing for the second quarter. On average, product prices rose with management hinting at further momentum.”

4. Exxon Mobil Corporation (NYSE:XOM)

Dividend Yield as of November 25: 3.20%

Exxon Mobil Corporation (NYSE:XOM) is an American energy company that specializes in the distribution of natural gas. In the third quarter of 2022, the company’s operating cash flow came in at $24.4 billion and it generated $22 billion in free cash flow. The company remained committed to its shareholder obligation, returning $3.7 billion in dividends, which makes it one of the best dividend stocks on our list.

Appreciating the company’s solid Q3 earnings, Piper Sandler raised its price target on Exxon Mobil Corporation (NYSE:XOM) to $131 in November with an Overweight rating on the shares.

On October 28, Exxon Mobil Corporation (NYSE:XOM) declared a 3% hike in its quarterly dividend to $0.91 per share. This was the company’s 40th consecutive year of dividend growth with a 100-year track of consistent dividend payments. As of November 25, the stock has a dividend yield of 3.20%.

Exxon Mobil Corporation (NYSE:XOM) was a part of 75 hedge fund portfolios in Q3 2022, up from 72 in the previous quarter. The stakes owned by these hedge funds have a total value of over $5.5 billion.

First Eagle Investments mentioned Exxon Mobil Corporation (NYSE:XOM) in its Q2 2022 investor letter. Here is what the firm has to say:

“Integrated oil and gas giant Exxon Mobil performed well in the second quarter as continued high prices for energy products supported the stock. As the largest refiner in the US, the company has benefitted from wide “crack spreads,” or the margin between the cost of crude oil and the petroleum products extracted from it. Exxon continues to invest in refining capacity in the US, which industrywide has been in steady decline since 2019. We are pleased that Exxon has been using its strong cash flows to reduce debt and to return cash to shareholders through dividends and stock repurchases.”

3. Consolidated Edison, Inc. (NYSE:ED)

Dividend Yield as of November 25: 3.25%

Consolidated Edison, Inc. (NYSE:ED) is one of America’s largest investor-owned energy companies. It provides services in renewable energy and provides cost-effective energy efficiency solutions. The company is one of the best dividend stocks on our list as it has been paying consistent dividends to shareholders since 1885. In addition to this, it also holds a 48-year track record of dividend growth. The company currently pays a quarterly dividend of $0.79 per share and has a dividend yield of 3.25%, as of November 25.

In October, Guggenheim maintained a Neutral rating on Consolidated Edison, Inc. (NYSE:ED), appreciating the company’s recent quarterly performance. The firm has a positive stance on the Power and Utility companies.

In the first nine months of the year, Consolidated Edison, Inc. (NYSE:ED) reported an operating cash flow of $2.6 billion. The company’s current assets for the period amounted to over $5.7 billion and its total assets stood at $65.7 billion.

At the end of September 2022, 27 hedge funds tracked by Insider Monkey owned stakes in Consolidated Edison, Inc. (NYSE:ED), up from 23 in the previous quarter. These stakes are collectively valued at over $563.8 million. With over 1.5 million shares, Citadel Investment Group was the company’s leading stakeholder.

2. UGI Corporation (NYSE:UGI)

Dividend Yield as of November 25: 3.63%

UGI Corporation (NYSE:UGI) is an American natural gas distribution company. In FY22, the company reported revenue of $10.1 billion, which showed a 35.7% growth from the same period last year. Its balance sheet remained strong with approximately $1.7 billion in available liquidity.

UGI Corporation (NYSE:UGI) currently pays a quarterly dividend of $0.36 per share and has a dividend yield of 3.63%, as of November 25. The company has paid regular dividends to shareholders for 138 years. Moreover, it also maintains a 35-year streak of consistent dividend growth, coming through as one of the best dividend stocks on our list.

At the end of Q3 2022, 26 hedge funds tracked by Insider Monkey reported owning stakes in UGI Corporation (NYSE:UGI), up from 24 in the previous quarter. These stakes are worth over $152 million collectively.

Diamond Hill Capital mentioned UGI Corporation (NYSE:UGI) in its Q3 2022 investor letter. Here is what the firm has to say:

“UGI Corporation (NYSE:UGI), a natural gas and electric power utility, generates approximately one-third of its revenue through its European propane distribution business. The European energy market dislocation and subsequent inflation have raised fears of significant volume and price contraction, pressuring UGI’s share price. Longer term, we believe UGI’s investments into renewable/alternative energy sources position it well. In the nearer term, it should continue to have an advantage delivering fuel to rural locations that are not easily served by gas pipelines — whether that fuel is propane, liquified petroleum gas (LPG), renewable natural gas (RNG) or other alternative fuels.”

1. Stanley Black & Decker, Inc. (NYSE:SWK)

Dividend Yield as of November 25: 3.86%

Stanley Black & Decker, Inc. (NYSE:SWK) is an American manufacturing company that specializes in security products. The company holds a 146-year track record of consistent dividend payments while raising its payouts for the past 54 years. It currently pays a quarterly dividend of $0.80 per share and has a dividend yield of 3.86%, as of November 25.

Mizuho maintained its Neutral rating on Stanley Black & Decker, Inc. (NYSE:SWK) in October with an $80 price target, highlighting the current market environment.

At the end of Q3 2022, 26 hedge funds tracked by Insider Monkey owned stakes in Stanley Black & Decker, Inc. (NYSE:SWK), worth over $447 million collectively. Greenhaven Associates was the company’s leading stakeholder, with stakes worth roughly $100 million.

You can also take a look at 15 Best Consistent Dividend Stocks to Buy and 13 Best Consumer Staples Dividend Stocks to Buy Now

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