Buy / Hold Stocks

[gfp927z]

>>> Old Dominion Freight Line, Inc. (NASDAQ:ODFL)

https://www.insidermonkey.com/blog/5-best-sp-500-stocks-for-dividend-growth-1193160/3/

5-Year Average Dividend Growth: 35.6%

Number of Hedge Fund Holders: 43

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) is an American transportation and logistics company that specializes in less-than-truckload (LTL) freight services. The company currently pays a quarterly dividend of $0.40 per share and has a dividend yield of 0.38%, as of September 11. With a 5-year dividend growth of 35.6%, ODFL is one of the best dividend stocks on our list.

At the end of Q2 2023, 25 hedge funds in Insider Monkey’s database reported having stakes in Old Dominion Freight Line, Inc. (NASDAQ:ODFL), worth collectively over $265 million. Among these hedge funds, AQR Capital Management was the company’s leading stakeholder in Q2.

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