10 Best Dividend Stocks of 2024

2. Dell Technologies Inc. (NYSE:DELL)

Year-to-Date Returns as of May 20: 99.9%

Dell Technologies Inc. (NYSE:DELL) is an American tech company, based in Texas. The company sells and develops computers and related products. On March 4, the company declared a 20.3% hike in its quarterly dividend to $0.445 per share. This was the company’s third consecutive dividend hike since it initiated its dividend policy in 2022. With a dividend yield of 1.21% as of May 21, DELL is one of the best dividend stocks of 2024.

At the end of Q4 2023, 56 hedge funds in Insider Monkey held stakes in Dell Technologies Inc. (NYSE:DELL), up from 53 in the previous quarter. These stakes have a collective value of more than $2.8 billion.