5 Best Environmental Dividend Stocks To Invest In According To Analysts

4. Air Products and Chemicals, Inc. (NYSE:APD)

Upside Potential as of February 23: 18.16%

Air Products and Chemicals, Inc. (NYSE:APD) is an American gases company that specializes in producing and distributing atmospheric gases, process gases, and specialty gases. The company is a leader in clean energy solutions, particularly hydrogen energy and fuel cell technologies. It offers a quarterly dividend of $1.77 per share, growing it by 1.1% in January this year. Through this increase, the company stretched its dividend growth streak to 42 years, which makes APD one of the best environmental dividend stocks on our list. As of February 23, the stock has a dividend yield of 3.04%.

According to Insider Monkey’s database of Q4 2023, 42 hedge funds owned stakes in Air Products and Chemicals, Inc. (NYSE:APD), compared with 43 in the previous quarter. The total value of these stakes is over $826.3 million. Ken Griffin’s Citadel Investment Group was the largest stakeholder of the company in Q4.