5 Top Performing Dividend Stocks in January 2023

3. InterContinental Hotels Group PLC (NYSE:IHG)

Year to Date Performance as of 1/30: 20.98%

Dividend Yield as of 1/30: 1.84%

Number of Hedge Fund Holders: 9

InterContinental Hotels Group PLC (NYSE:IHG) is a leading hotel operator with a dividend yield of around 1.84% whose stock is up nearly 21% in January as of 1/30. If global growth is stronger than expected, travel demand could be stronger than expected. If there is more travel, demand for InterContinental Hotels Group PLC (NYSE:IHG)’s rooms could also be strong. How strong global growth eventually is will depend on economic factors however and not current market estimates of the future.