5 Stocks for Dividend Growth Investing in 2022

In this article, we discuss 5 stocks for dividend growth investing in 2022. If you want our detailed analysis of dividend growth investing and these stocks, go directly to 10 Stocks for Dividend Growth Investing in 2022. 

5. Best Buy Co., Inc. (NYSE:BBY)

Dividend Yield as of January 24: 2.90%

Number of Years of Consistent Dividend Increases: 18

Number of Hedge Fund Holders: 29

Best Buy Co., Inc. (NYSE:BBY) is a Minnesota-based consumer electronics retailer operating in the United States, Canada, and Puerto Rico. Best Buy Co., Inc. (NYSE:BBY) has had 18 consecutive years of dividend growth, and the stock offers a 2.90% yield as of January 24. 

On November 24, Best Buy Co., Inc. (NYSE:BBY) declared a $0.70 per share quarterly dividend, in line with previous. The dividend was paid on January 4, to shareholders of record on December 14. 

Among the hedge funds tracked by Insider Monkey in Q3 2021, 29 funds were bullish on Best Buy Co., Inc. (NYSE:BBY), with stakes totaling roughly $680 million. AQR Capital Management is the biggest stakeholder of the company, owning 1.6 million shares worth $176.9 million.