5 Boring Stocks That Pay Dividends

In this article, we will take a look at the 5 boring stocks that pay dividends. To see more such companies, go directly to 11 Boring Stocks That Pay Dividends.

5. The Clorox Company (NYSE:CLX)

Number of Hedge Fund Holders: 34

With over four decades of consistent dividend increase, consumer products company The Clorox Company (NYSE:CLX) ranks 5th in our list of boring stocks that pay dividends. Consumer staples stocks like The Clorox Company (NYSE:CLX) are favored by investors during recessions as these companies make essential items whose sales largely remain unaffected even during economic downturns.

As of the end of the last quarter of 2022, 34 hedge funds had stakes in The Clorox Company (NYSE:CLX). The most significant stakeholder of The Clorox Company (NYSE:CLX) is Andreas Halvorsen’s Viking Global which owns an $108 million stake in the company.