5 Best Large Cap Dividend Growth Stocks To Buy Now

1. DICK’S Sporting Goods, Inc. (NYSE:DKS)

5-Year Dividend Growth Rate: 33.9%

DICK’S Sporting Goods, Inc. (NYSE:DKS) tops our list of the best dividend stocks. The American sporting goods retailer company has raised its payouts at an annual average rate of roughly 34% in the past five years. On March 14, the company declared a 10% hike in its quarterly dividend to $1.10 per share. This marked the company’s 15th consecutive year of dividend growth. The stock has a dividend yield of 2.22%, as of April 17.

The number of hedge funds tracked by Insider Monkey owning stakes in DICK’S Sporting Goods, Inc. (NYSE:DKS) grew to 32 in Q4 2023, from 25 in the previous quarter. The consolidated value of these stakes is nearly $967 million.

You can also take a look at 10 Dividend Stocks with Over 9% Yield According to Analysts and 14 Cheap Penny Stocks to Buy According to Analysts