With the stock market appearing trapped in a rut, many investors question their dividend stock investment strategies. Dividend investment, while appealing, comes with its own set of risks. Dividend yields should not be used as the main metric for making investment decisions, according to experts. The Goldman Sachs Group forecasted a 6% increase in dividend payouts for the S&P 500 this year and next. The Proctor & Gamble Company, Verizon Communications Inc, and Johnson & Johnson are three of the most trustworthy stock options recognized to increase their dividends for a long time.
Insider Monkey has selected high dividend stocks to buy according to hedge funds. Walgreens Boots Alliance, Inc. is a holding company that owns and runs Walgreens and Boots, two retail pharmacy chains, as well as pharmaceutical manufacturing companies. Camber Capital Management, led by Stephen Dubois, is a major stakeholder, owning 3.5 million shares worth more than $184 million. Cardinal Health, Inc. is an international healthcare services firm that supplies pharmacies and hospitals with pharmaceutical products and medical services. On our list of the top 12 high dividend stocks to purchase according to hedge funds, the company is ranked eleventh. As of June, 33 of Insider Monkey’s 873 elite funds were long The Kraft Heinz Company. With over 325.6 million shares worth over $13.2 billion, Warren Buffett’s Berkshire Hathaway is the company’s largest shareholder. IBM is a multinational technology firm that specializes in computer hardware and software development, manufacturing, and sales. According to hedge funds, the IT company ranks ninth on our list of the top 12 high dividend companies to purchase. For the second quarter of 2021, International Business Machines Corporation posted an EPS of $2.33. Chevron Corporation is a California-based international energy corporation. With a market value of $208.46 billion, the oil and gas company ranks eighth on our list of the top 12 high dividend stocks to buy according to hedge funds. For more details, click Top 12 High Dividend Stocks To Buy According To Hedge Funds.
