10 Best Stocks For Dividends

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5. The Home Depot, Inc. (NYSE:HD)

Number of Hedge Fund Holders: 76

The Home Depot, Inc. (NYSE:HD) is a home improvement retailer that specializes in offering a wide range of products, tools, construction materials, and home improvement services. The company was a part of 76 hedge fund portfolios at the end of Q3 2023, growing from 68 in the preceding quarter, as per Insider Monkey’s database. The consolidated value of stakes owned by these hedge funds is nearly $5.2 billion.

The Home Depot, Inc. (NYSE:HD), one of the best stocks for dividends, has been growing its dividends for 13 years running. The company pays a quarterly dividend of $2.09 per share and has a dividend yield of 2.40%, as of December 21.

Follow Home Depot Inc. (NYSE:HD)

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