5 Best S&P 500 Dividend Stocks To Buy Now

4. Union Pacific Corporation (NYSE:UNP)

Number of Hedge Fund Holders: 90
Dividend Yield as of May 7: 2.17%

Union Pacific Corporation (NYSE:UNP) is an American transport company that plays an important role in the logistics industry. The company has been making uninterrupted dividend payments to shareholders for the past 125 years, which places UNP on our list of the best dividend stocks. It currently offers a quarterly dividend of $1.30 per share and has a dividend yield of 2.17%, as recorded on May 17.

As per Insider Monkey’s database of Q4 2023, 90 hedge funds owned stakes in Union Pacific Corporation (NYSE:UNP), the same as in the previous quarter. The collective value of these stakes is over $6.6 billion.

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