5 Consumer Defensive Dividend Stocks with Over 2% Yield

Page 1 of 5

In this article, we will be taking a look at 5 consumer defensive dividend stocks with over 2% yield. To see our detailed analysis of consumer defensive stocks, you can go directly to the 10 Consumer Defensive Dividend Stocks with Over 2% Yield.

5. SpartanNash Company (NASDAQ: SPTN)

Number of Hedge Fund Holders: 11
Dividend Yield: 4.1%

SpartanNash Company (NASDAQ: SPTN), a distributor and retailer of grocery products, ranks 5th on our list of consumer defensive stocks with over 2% yield. The company operates through its Food Distribution, Military, and Retail segments.

Jefferies analyst Matt Fishbein has a Hold rating on shares of SpartanNash Company (NASDAQ: SPTN), alongside a $20 price target.

In the first quarter of 2021, SpartanNash Company (NASDAQ: SPTN) had an EPS of $0.56, beating estimates by $0.02. The company’s revenue was $2.66 billion, beating the previous quarter’s revenue of $2.25 billion. SpartanNash Company (NASDAQ: SPTN) has gained 3.86% in the past 6 months and 8.88% year to date.

By the end of the first quarter of 2021, 11 hedge funds out of the 866 tracked by Insider Monkey held stakes in SpartanNash Company (NASDAQ: SPTN) worth roughly $42.4 million. This is compared to 13 hedge funds in the previous quarter with a total stake value of approximately $39.3 million.


Page 1 of 5