5 Best Performing Dividend Stocks To Invest In Now

In this article, we discuss 5 best performing dividend stocks to invest in. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read 13 Best Performing Dividend Stocks To Invest In Now. 

5. The Home Depot, Inc. (NYSE:HD)

12-Month Returns as of February 26: 26.18%

The Home Depot, Inc. (NYSE:HD) is a multinational home improvement retailer. The company pays a quarterly dividend of $2.25 per share, having raised it by 7.7% in February this year. This marked the company’s 14th consecutive year of dividend growth. The stock’s dividend yield came in at 2.41%, as of February 26. The stock delivered a return of 26.18% in the past 12 months, which makes HD one of the best performing stocks on our list.

As of the end of Q4 2023, 70 hedge funds tracked by Insider Monkey reported having stakes in The Home Depot, Inc. (NYSE:HD), compared with 76 in the preceding quarter. These stakes have a consolidated value of nearly $6 billion.