Dividend investment is something that should be done with caution and thought. The Coca-Cola Company, Morgan Stanley, and Medtronic Plc are some of the significant firms that have been attracting the interest of both core dividend investors and hedge funds. Wellington Management has demonstrated how investing in high-yielding stocks may be a costly error. The dividend equities in question were divided into quintiles, with the first quintile containing the 20% highest dividend payers and the fifth quintile containing the lowest.
Insider Monkey takes a look at the 10 best dividend stocks hedge funds are buying. Franklin Resources, Inc. is ranked tenth among the finest dividend stocks that hedge funds are buying. In the last six months, the company has gained 12.72 percent, and year to date, it has gained 27.4 percent. Franklin Templeton is the name given to it. Consolidated Edison, Inc. is ranked 9th. In the last six months, the company has gained 12.35 percent, and year-to-date, it has gained 8.41 percent. Kimberley-Clark Corporation is a multinational personal care and manufacturing firm established in the United States. It primarily manufactures consumer products made of paper, such as sanitary paper and surgical and medical instruments. On the list of the best dividend stocks for hedge funds, the company is ranked eighth. Cardinal Health, Inc. is ranked 7th among the finest dividend stocks that hedge funds are buying. Revenue was $42.59 billion, up 16.07 percent year over year and $2.37 billion higher than expected. Walgreens Boots Alliance, Inc. is ranked 6th. The stock has risen 0.33 percent in the last six months and is up 18.41% year to date. For more details, click 10 Best Dividend Stocks Hedge Funds Are Buying.
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