5 Dividend Kings To Invest In For Safe Dividend Growth

4. S&P Global Inc. (NYSE:SPGI)

5-Year Average Annual Dividend Growth Rate: 12.54%

S&P Global Inc. (NYSE:SPGI) is a New York-based capital market company that provides financial information, analytics, and data services to businesses, governments, and investors worldwide. The company holds a 51-year track record of consistent dividend growth and offers a quarterly dividend of $0.91 per share. As of March 11, the stock has a dividend yield of 0.85% and its annual average dividend growth rate over the past five years comes in at 12.54%.

According to Insider Monkey’s database of Q4 2023, 82 hedge funds owned stakes in S&P Global Inc. (NYSE:SPGI), up from 78 in the previous quarter. These stakes are worth over $8.88 billion in total. TCI Fund Management owned a nearly $4 billion SPGI stake, becoming the company’s leading stakeholder in Q4.

Follow S&P Global Inc. (NYSE:SPGI)