5 Best Mid-Cap Dividend Aristocrats To Buy

3. MDU Resources Group, Inc. (NYSE:MDU)

Number of Hedge Fund Holders: 27
Market Cap as of April 11: $6.05 billion 

MDU Resources Group, Inc. (NYSE:MDU) is a North Dakota-based company that provides products and services through its regulated energy delivery and construction materials. The company currently offers a per-share dividend of $0.2225 every quarter for a dividend yield of 2.99%, as of April 11. In 2022, it raised its dividend for the 32nd consecutive quarter, which makes it one of the best dividend stocks on our list.

As per Insider Monkey’s Q4 2022 database, 27 hedge funds owned investments in MDU Resources Group, Inc. (NYSE:MDU), with a collective value of nearly $580 million. With over 10 million shares, Corvex Capital was the company’s leading stakeholder in Q4.

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