5 Best Environmental Dividend Stocks To Invest In According To Analysts

In this article, we discuss 5 best environmental dividend stocks to invest in according to analysts. If you want to read our detailed analysis of ESG investing and its prospects, go directly to read 13 Best Environmental Dividend Stocks To Invest In According To Analysts.

5. NIKE, Inc. (NYSE:NKE)

Upside Potential as of February 23: 17.60%

NIKE, Inc. (NYSE:NKE) is a multinational corporation that designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company focuses on sustainable sourcing of materials, energy efficiency, waste reduction, and water conservation across its supply chain and operations. It currently pays a quarterly dividend of $0.37 per share and has a dividend yield of 1.40%, as of February 23. The company has been growing its dividends for the past 22 years, which makes NKE one of the best dividend stocks on our list.

At the end of Q4 2023, 69 hedge funds tracked by Insider Monkey reported having stakes in NIKE, Inc. (NYSE:NKE), which remained the same as in the previous quarter. The consolidated value of these stakes is more than $3.53 billion.