5 Most Popular Dividend Stocks Among Hedge Funds

2. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 88

Dividend Yield: 2.6%

Number of Years of Dividend Growth: 59

Johnson & Johnson (NYSE:JNJ) is also a healthcare company that gained critical acclaim for its vaccine against COVID-19. The stock had 88 hedge funds holding stakes in it in the third quarter.

Credit Suisse’s Matt Miksic holds an Outperform rating on Johnson & Johnson (NYSE:JNJ) shares as of this November.

According to the company’s earnings report for the fiscal third quarter of 2021, it had an EPS of $2.6 beating estimates by $0.25.

For Johnson & Johnson (NYSE:JNJ), our hedge fund data shows 88 hedge funds holding stakes in the stock worth $6.9 billion in the third quarter.