5 Best Large Cap Dividend Stocks to Buy Now

In this article, we will be looking at the 5 best large cap dividend stocks to buy now. If you want to see our detailed analysis of large-cap stocks, and dividend investing, go directly to the 10 Best Large Cap Dividend Stocks to Buy Now.

5. Kinder Morgan, Inc. (NYSE: KMI)

Number of Hedge Fund Holders: 38
Dividend Yield: 5.8%

Kinder Morgan, Inc. (NYSE: KMI) is an energy infrastructure company that owns and operates interstate and intrastate natural gas pipelines, underground storage systems, among other related facilities. It ranks 5th on our list of the best large cap dividend stocks to buy now.

Pearce Hammond, a Piper Sandler analyst, raised his price target on Kinder Morgan, Inc. (NYSE: KMI) shares from $17 to $19 this June, retaining a Neutral rating on the shares.

In the first quarter of 2021, Kinder Morgan, Inc. (NYSE: KMI) had an EPS of $0.60, beating estimates by $0.35. The company’s revenue was $5.21 billion, up 67.77% year over year and beating estimates by $2.17 billion. Kinder Morgan, Inc. (NYSE: KMI) has also gained 14.48% in the last 6 months and 28.83% year to date.

By the end of the first quarter of 2021, 38 hedge funds out of the 866 tracked by Insider Monkey held stakes in Kinder Morgan, Inc. (NYSE: KMI) worth roughly $1.19 billion. This is compared to 42 hedge funds in the previous quarter with stakes worth approximately $1.03 billion.