5 Quality Dividend Growth Stocks With Huge Upside Potential

2. Apple Inc. (NASDAQ:AAPL)

Ranking Among Hedge Funds (as of September 30): 6th (112 hedge fund shareholders)

Ranking in the WisdomTree US Quality Dividend Gr ETF (as of December 14): 4th (3.99% weighting)

Forward Dividend Yield: 1.76%

Apple Inc. (NASDAQ:AAPL) is the first of only two stocks that landed within the top 10 on both lists, being weighted 4th within the ETF, while climbing back to 6th among hedge funds. Apple was one of the most popular stocks among hedge funds during Q3, as the number of hedge funds shareholders of the tech giant jumped by 24%. After a 16-year hiatus, Apple began making dividend payments to its shareholders again in 2012 and has nearly tripled the size of its quarterly payouts since then. There’s plenty of room for Apple to grow its dividend even further, as the profit-generating machine’s dividend payout ratio is currently a mere 22%.