In this article we discuss top 5 dividend champions of 2021. To see a comprehensive list of dividend champions, go to 30 Dividend Champions of 2021 (Part III).
At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind let’s take a look at the top 5 dividend champions of 2021:
5. First of Long Island Corp (NASDAQ: FLIC)
Dividend Yield: 4.19%
First of Long Island is one of the 30 dividend champions of 2021. The company operates The First National Bank of Long Island and provides financial, personal money orders, bill payment, remote deposit and cash management services. The bank has about 51 branches. In the fourth quarter of 2020, FLIC posted GAAP EPS of $0.44, beating the Street’s estimates by $0.02. Revenue in the quarter jumped 3.1% to $28.16 million.
At the end of the third quarter, Jim Simons’ Renaissance Technologies reported owning 753,850 shares of the company, worth $11.17 million.