5 Consumer Defensive Dividend Stocks with Over 2% Yield

3. Vector Group Ltd. (NYSE: VGR)

Number of Hedge Fund Holders: 14
Dividend Yield: 5.6%

Vector Group Ltd. (NYSE: VGR) is a manufacturer and seller of cigarettes in the US and operates through its Tobacco and Real Estate segments. The company ranks 3rd on our list of consumer defensive dividend stocks with over 2% yield.

In the second quarter of 2021, Vector Group Ltd. (NYSE: VGR) had an EPS of $0.63, beating estimates by $0.38. The company’s revenue was $729.53 million, up 63.66% year over year and also beating estimates by $170.23 million. Vector Group Ltd. (NYSE: VGR) has gained 2.79% in the past 6 months and 26.57% year to date.

By the end of the first quarter of 2021, 14 hedge funds out of the 866 tracked by Insider Monkey held stakes in Vector Group Ltd. (NYSE: VGR) worth roughly $150 million. This is compared to 14 hedge funds in the previous quarter with a total stake value of approximately $143 million.