S&P 500 Dividend Aristocrats List: Top 10 Picks by Hedge Funds

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In this article, we will discuss the 10 best dividend aristocrat stocks sorted by hedge fund popularity. If you want to read our detailed analysis of dividend aristocrats and their past performance, go directly to read S&P 500 Dividend Aristocrats List: Sorted By Hedge Fund Popularity

10. The Sherwin-Williams Company (NYSE:SHW)

Number of Hedge Fund Holders: 68

The Sherwin-Williams Company (NYSE:SHW) is an Ohio-based manufacturing company that is mainly engaged in paint and coating products. Jefferies upgraded the stock to Buy in May and also raised its price target on the stock to $275, appreciating the company’s sales and earnings growth.

The Sherwin-Williams Company (NYSE:SHW) offers a quarterly dividend of $0.605 per share and has a dividend yield of 1.06%, as of May 29. The company raised its dividends for 44 years consecutively. It is among the best dividend aristocrat stocks on our list.

The Sherwin-Williams Company (NYSE:SHW) was a part of 68 hedge fund portfolios in Q1 2023, up from 64 in the previous quarter, as per Insider Monkey’s database. The stakes owned by these hedge funds are collectively valued at nearly $2.8 billion.

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