5 Best FTSE Dividend Stocks To Invest In

In this article, we discuss 5 best FTSE dividend stocks to invest in. If you want to read our detailed analysis of FTSE and dividend stocks, go directly to read 10 Best FTSE Dividend Stocks To Invest In.

5. Unilever PLC (NYSE:UL)

Number of Hedge Fund Holders: 18

Unilever PLC (NYSE:UL) is a multinational consumer goods company that operates in a wide range of sectors including food and beverages, cleaning agents, beauty and personal care products, and health and wellness items. The company currently pays a quarterly dividend of $0.4702 per share and has a dividend yield of 3.65%, as of August 15. It is among one of the best FTSE dividend stocks to consider.

In the first half of 2023, Unilever PLC (NYSE:UL) reported revenue of €30.43 billion, up 2.7% on a year-over-year basis. The company’s cash position also remained strong as its free cash flow for the period jumped to €2.5 billion, from €0.2 billion in the prior-year period.

At the end of Q1 2023, 18 hedge funds tracked by Insider Monkey reported having stakes in Unilever PLC (NYSE:UL), compared with 22 in the previous quarter. These stakes have a collective value of over $314.7 million. With over 4.2 million shares, Gardner Russo & Gardner was the company’s leading stakeholder in Q1.