10 Best Stocks For Dividends

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9. Texas Instruments Incorporated (NASDAQ:TXN)

Number of Hedge Fund Holders: 61

Texas Instruments Incorporated (NASDAQ:TXN) is an American semiconductor manufacturing company, based in Texas. The company remained committed to its shareholders in Q4 2022, returning approximately $2 billion to investors in dividends. It is among the best dividend stocks on our list.

Texas Instruments Incorporated (NASDAQ:TXN) currently offers a quarterly dividend of $1.24 per share for a dividend yield of 2.76%, as of March 25. The company maintains a 19-year streak of consistent dividend growth and has raised its payouts at an annual average rate of 18.1%.

At the end of December 2022, 61 hedge funds in Insider Monkey’s database owned stakes in Texas Instruments Incorporated (NASDAQ:TXN), up from 59 in the previous quarter. These stakes have a collective value of nearly $2 billion.

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