5 Best Long-Term Dividend Stocks To Buy Now

This article presents an overview of the 5 Best Long-Term Dividend Stocks To Buy Now. For a detailed overview of such stocks, read our article 13 Best Long-Term Dividend Stocks To Buy Now.

5. UnitedHealth Group Inc (NYSE:UNH)

Number of Hedge Fund Investors: 104

Healthcare insurance and services giant UnitedHealth Group Inc (NYSE:UNH) has a strong balance sheet and a diversified business along with 14 years of consistent dividend growth history. Over the past five years UnitedHealth Group Inc’s (NYSE:UNH) dividend growth rate came in at 16.14%.

As of the end of the third quarter of 2023, 104 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in UnitedHealth Group Inc (NYSE:UNH). The most significant stakeholder of UnitedHealth Group Inc (NYSE:UNH) was Rajiv Jain‘s GQG Partners which owns a $1.6 billion stake in UnitedHealth Group Inc (NYSE:UNH).

Wedgewood Partners stated the following regarding UnitedHealth Group Incorporated (NYSE:UNH) in its fourth quarter 2023 investor letter:

“UnitedHealth Group Incorporated (NYSE:UNH) contributed less to portfolio performance than the majority of our holdings during the quarter. The Company reported double-digit revenue, operating earnings and earnings per share growth during their third quarter. The Company has been able to adjust pricing in its health care segment to keep up with medical cost inflation while working with its Optum units to deliver more value-based care that replaces the traditional fee for service health care model. Value-based care is a sensible, long-term growth opportunity for the Company to pursue and also differentiates it from the vast majority of healthcare providers, particularly as it relates to Medicare patients. For example, the Company’s value-based care programs provide more preventative care opportunities and home-based care visits for patients which helps save the U.S. healthcare system billions in unnecessary spending while also providing patients with better outcomes, as diseases and behaviors are caught or corrected at earlier stages. The Company has invested in several core assets over many years to execute this value-based strategy and it will become the standard of care as the proportion of people in the U.S. with healthcare insurance coverage continues to reach new highs.”