10 Best Stocks For Dividends

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3. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 84

Johnson & Johnson (NYSE:JNJ) is one of the largest pharmaceutical industry companies in the world. The company also deals in consumer packaged products. The company maintains a 61-year streak of dividend growth and currently pays a quarterly dividend of $1.13 per share. The stock’s dividend yield on March 25 came in at 2.96%.

As per Insider Monkey’s Q4 2022 database, 84 hedge funds owned investments in Johnson & Johnson (NYSE:JNJ), with a total value of over $5.5 billion. Ken Griffin, Ray Dalio, and Donald Yacktman were some of the company’s leading stakeholders in Q4.

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