Credits: Canva
By: Aquib Nawab
Finance
Texas Instruments, symbolized as TXN in the NASDAQ, stands out with its 53 hedge fund holders and a remarkable 5-year average annual dividend growth rate of 13.80%, marking it as a top player in the semiconductor industry.
Credits: Reuters
Lowe's, a well-known retail company specializing in home improvement, showcases a history of dividend growth with a 5-year average rate of 19.29%, backed by 63 hedge fund holders.
Credits: CNBC
Costco, a leader in wholesale retail, has been consistently raising its dividends at an average rate of 12.37% over the past five years, supported by 65 hedge fund holders.
Credits: Simply Wall
NIKE, a global brand in athletic wear, recently declared an 8.8% increase in its quarterly dividend, continuing a 22-year streak of dividend growth and demonstrating its financial strength with 69 hedge fund holders.
Credits: Mexem
Broadcom, a major player in semiconductors and infrastructure software, recently increased its quarterly dividend by 14%, maintaining a 13-year dividend growth streak and is backed by 87 hedge fund holders.
Credits: Wall Street Journal
Bank of America, a leading financial services company, offers a compelling investment opportunity with a 5-year average dividend growth rate of 11.24% and is supported by 88 hedge fund holders.
Credits: Wall Street Journal
Oracle, a giant in the software industry, has been increasing its dividends consistently for the past eight years, with a 5-year average growth rate of 14.87%, and is backed by 88 hedge funds.
Credits: Aravana
Eli Lilly stands out in the pharmaceutical sector with a 138-year history of paying dividends, showing a 5-year average growth rate of 14.97%, supported by 102 hedge fund holders.
Credits: Investopedia
UnitedHealth Group, a diversified healthcare giant, has been raising its dividends for 13 consecutive years and presents a strong investment case with 104 hedge fund holders.
Credits: Fortune
JPMorgan Chase, a renowned name in financial services, has consistently raised its dividends over the past five years, averaging a 10.31% growth rate, and is favored by 109 hedge fund holders.
Credits: Rev
Mastercard, a leader in the global payment industry, recently increased its dividend by 15.8%, continuing an 11-year growth streak, and is supported by 140 hedge funds.
Credits: Investopedia
Visa, operating one of the world's largest electronic payment networks, has a robust 5-year average dividend growth rate of 16.27% and is backed by 167 hedge fund holders.
Credits: Bloomberg
Microsoft, a leading technology company, has been increasing its dividends for 17 consecutive years, with a 5-year average growth rate of 10.16%, and is the top choice for 306 hedge funds.
Credits: The Quill