Top 5 Dividend Stocks To Buy Now According To Analysts

4. NIKE, Inc. (NYSE:NKE)

Upside Potential as of March 31: 19.09%

NIKE, Inc. (NYSE:NKE) is a leading global brand of athletic footwear and apparel industry. The company currently pays a quarterly dividend of $0.37 per share, having raised it by 8.8% in November 2023. Through this increase, the company achieved its 22nd consecutive annual dividend growth, which makes NKE one of the best dividend stocks on our list. The stock offers a dividend yield of 1.57%, as of March 31.

At the end of the fourth quarter of 2023, 69 hedge funds tracked by Insider Monkey held stakes in NIKE, Inc. (NYSE:NKE), which remained unchanged in the previous quarter. The consolidated value of these stakes is over $3.53 billion. With nearly 10 million shares, Ken Fisher’s Fisher Asset Management was the company’s leading stakeholder in Q4.