5 Dividend Knights that Beat the Market Last 5 Years

In this article, we discuss 5 dividend stocks that beat the market last five years. If you want to read our detailed analysis of dividend investments and their performance over the years, go directly to read 15 Dividend Knights that Beat The Market Last 5 Years. 

5. W.W. Grainger, Inc. (NYSE:GWW)

5-Year Share Price Gains as of February 8: 153.7%

W.W. Grainger, Inc. (NYSE:GWW) is an American company that specializes in the distribution of industrial supplies and other equipment. On January 25, the company declared a quarterly dividend of $1.72 per share, consistent with its previous dividend. The stock has a dividend yield of 1.01%, as of February 8. It’s one of the best dividend stocks on our list as it has raised its payouts for 52 years in a row.

In the fourth quarter of 2022, W.W. Grainger, Inc. (NYSE:GWW) reported revenue of $3.8 billion, which showed a 13.1% growth from the same period last year. During FY22, the company generated $1.3 billion in operating cash flow and returned $949 million in dividends and share repurchases to shareholders.

Following the company’s good performance in Q4, both RBC Capital and Baird raised their price targets on W.W. Grainger, Inc. (NYSE:GWW) in February to $502 and $730, respectively.

W.W. Grainger, Inc. (NYSE:GWW) was a part of 34 hedge fund portfolios in Q3 2022, compared with 30 in the previous quarter, as per Insider Monkey’s data. Renaissance Technologies was the company’s largest stakeholder in Q3.

Third Avenue Management mentioned W.W. Grainger, Inc. (NYSE:GWW) in its Q1 2022 investor letter. Here is what the firm has to say:

“Held in the Fund since 2019, Grainger plc (“Grainger”) is a UK-based real estate operating company that is the leading owner, manager, and developer of multi-family properties in the supply-constrained markets of the UK (where the multi-family business is more commonly referred to as the private-rental sector or “PRS”). At the end of the 2021 calendar year, the company owned a portfolio of 7,100 PRS units that were 95.0% leased with two-thirds of the value in the greater London area and the remaining one-third in the other UK regions. (Click here to view the full text)