5 Best Dow Jones Dividend Stocks According to Hedge Funds

Page 1 of 5

In this article, we discuss 5 best Dow Jones dividend stocks according to hedge funds. If you want to read our detailed analysis of dividend stocks and their performance, go directly to read 12 Best Dow Jones Dividend Stocks According to Hedge Funds

5. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 88

Johnson & Johnson (NYSE:JNJ) is an American multinational healthcare company that operates in various sectors of the healthcare industry. On October 19, the company declared a quarterly dividend of $1.19 per share, which was in line with its previous dividend. The company is a dividend aristocrat with 61 consecutive years of dividend growth under its belt. The stock has a dividend yield of 3.14%, as of October 25.

At the end of Q2 2023, 88 hedge funds tracked by Insider Monkey reported having stakes in Johnson & Johnson (NYSE:JNJ), up from 86 in the previous quarter. The consolidated value of these stakes is over $4.1 billion. Among these hedge funds, Bridgewater Associates was the company’s leading stakeholder in Q2.

Follow Johnson & Johnson (NYSE:JNJ)

Page 1 of 5