5 Best Insurance Dividend Stocks To Buy Now

In this article, we discuss 5 of the best insurance dividend stocks to buy. If you want to see more of the best insurance dividend stocks to buy, go directly to 11 Best Insurance Dividend Stocks To Buy Now.

5. American International Group, Inc. (NYSE:AIG)

Dividend Yield as of 10/25: 2.36%

Number of Hedge Fund Holders: 44

American International Group, Inc. (NYSE:AIG) is one of the largest insurance companies in the world whose shares have done relatively well versus the market in 2022. While the S&P 500 is down around 20% year to date, American International Group, Inc. (NYSE:AIG) shares have fallen only 4.5% year to date. One reason could be the interest rate increases, and another reason could be that American International Group, Inc. (NYSE:AIG) repurchased $1.7 billion of common stock in the second quarter. American International Group, Inc. (NYSE:AIG) also has a dividend yield of 2.36% as of 10/25.

On October 12, Yaron Kinar of Jefferies upgraded American International Group, Inc. (NYSE:AIG) to ‘Buy’ from ‘Hold’ and raised his price target to $64 from $57. Kinar believes the company has more earnings momentum than what some other analysts expect.