5 Best Insurance Dividend Stocks To Buy Now

4. Travelers Companies, Inc. (NYSE:TRV)

Number of Hedge Fund Holders: 35
Dividend Yield as of April 5: 2.21%

Travelers Companies, Inc. (NYSE:TRV) specializes in commercial property casualty insurance. In addition to this, the company provides a wide range of insurance-related services to its consumers. The company is one of the best dividend stocks on our list as it has raised its dividends for 33 years in a row. It currently offers a per-share dividend of $0.93 every quarter with a dividend yield of 2.21%, as of April 5.

In the fourth quarter of 2022, Travelers Companies, Inc. (NYSE:TRV) reported revenue of $8.8 billion, which showed a 10% growth from the same period last year. The company returned over $21.5 billion to shareholders in dividends and share repurchases throughout FY22.

At the end of Q4 2022, 35 hedge funds in Insider Monkey’s database reported having stakes in The Travelers Companies, Inc. (NYSE:TRV), down from 37 a quarter earlier. These stakes have a collective value of over $608.5 million.