Dividend investing offers an opportunity to benefit from a steady inflow
of payments that allow investors to diversify their portfolio, while
waiting for a stock to appreciate over time. In addition, buying shares
of companies that pay dividends usually signals a solid financial
position of a company. However, among hundreds of companies that pay
dividends a special place is deserved for the so-called “dividend
aristocrats” and “dividend kings” which represent companies that have
been paying an increased dividend for at least 20 and 50 years,
respectively. Dividend kings represent a very small and elite group of
companies that over decades showed the ability to adapt to a changing
environment and survive even the toughest economic conditions, which
often wipes out its peers. Even though there are just 17 dividend kings,
one of the ways to identify the best bets in the list is to look at the
smart money investors are bullish on them. And among almost 800 hedge
funds and other institutional investors that we follow at Insider Monkey
as part of our small-cap strategy (
read more details here),
an elite group includes around 50 funds that are managed or were
founded by billionaires. We have earlier discussed five dividend
aristocrats that billionaires in our database are bullish on (
read article),
so now let’s turn our attention to five dividend kings that ranked as
the most popular among these investors, based on the last round of 13F filings.
Let's look closer those kings: (NYSE:CL), (NYSE:PG), (NYSE:JNJ), (NYSE:LOW), (NYSE:KO)
Source:
Insider Monkey