5 Best ESG Dividend Stocks to Buy According to Al Gore

4. Becton, Dickinson and Company (NYSE:BDX)

Generation Investment Management’s Stake Value: $789,414,000

Becton, Dickinson and Company (NYSE:BDX) is a New Jersey-based multinational medical device company. The company’s 2030 sustainability strategy focuses on a number of areas to address challenges through business models and different initiatives.

Becton, Dickinson and Company (NYSE:BDX) is one of the best dividend stocks on our list as the company has raised its dividends consistently for the past 50 years. Currently, it pays a quarterly dividend of $0.87 per share, with a dividend yield of 1.49%, as of October 28.

Becton, Dickinson and Company (NYSE:BDX) has been a part of Generation Investment’s portfolio since the fourth quarter of 2010. The hedge fund opened its position in the company with shares worth over $230.3 million. In Q2 2022, the firm owned roughly $790 million worth of BD stake, which accounted for 4.3% of its portfolio.

Evercore ISI added Becton, Dickinson and Company (NYSE:BDX) to its TAP Outperform list ahead of the company’s earnings. The firm raised its price target on the stock to $275 with an Outperform rating on the shares.

As of the close of Q2 2022, 42 hedge funds had stakes in Becton, Dickinson and Company (NYSE:BDX), compared with 49 in the previous quarter, as per Insider Monkey’s data. These stakes have a collective value of over $2.17 billion.