In this article, we will take a look at some of the best dividend stocks from the broader market.
Stock market investors have enjoyed strong annual returns over the past two years, but analysts caution that 2025 may not deliver a repeat performance. In 2024, the broader market posted a 23% gain, following a 24% increase in 2023. When factoring in dividends, total returns for those years reached 25% and 26%, respectively. However, such sustained high returns are uncommon. According to Scott Wren, senior global market strategist at the Wells Fargo Investment Institute, US stocks have only recorded three consecutive years of 20%-plus total returns once since 1928, during the late 1990s.
Analysts do not expect the market’s strong run to persist this year. A report from Morgan Stanley points out that while the third year of a bull market tends to deliver only modest returns on average, it is usually not negative.
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The report mentioned that one possible scenario for 2025 is that earnings-per-share growth outpaces market gains, leading to a decline in overall price-to-earnings valuations. Factors such as prolonged high interest rates and geopolitical uncertainties could contribute to a lackluster year, causing some of the recent optimism to fade. However, if this happens, the market could regain momentum in 2026, making 2025 more of a temporary pause rather than a deeper downturn.
Dividends are a key component of the investment market, with nearly 80% of companies in the broader market distributing payments to shareholders. However, maintaining steady dividend increases is a difficult achievement. Only about 13% of companies in the index qualify for the Dividend Aristocrats Index, which includes corporations that have raised their dividends for at least 25 consecutive years. Investors are often drawn to dividend growth stocks, as they have demonstrated strong long-term performance, especially during times of elevated interest rates.
According to data from Abrdn, it was noted that between December 2002 and December 2022, companies that either increased or initiated dividends achieved a compounded return of 10.68%. In contrast, firms that reduced or discontinued their dividends saw a significantly lower return of 2.70%. In addition, it was highlighted that companies not paying dividends also lagged behind dividend growers, generating a return of 9.25% over the same timeframe.
When assessing the reliability of dividend stocks, analysts suggest that investors should emphasize dividend growth rather than being lured by high yields that may not be sustainable. Dan Lefkovitz, a strategist with Morningstar’s Index team, underscored the significance of dividend growth as a strategy distinct from high-yield investing. He pointed out that companies with consistent dividend growth often have strong competitive advantages and promising future outlooks. A portfolio focused on dividend growth generally mirrors the broader market in terms of sector allocation and the balance between growth and value characteristics, including price-to-earnings ratios. While it leans toward a value-driven approach, it remains more balanced and core-oriented compared to portfolios concentrated on high-yield stocks.
Although dividend stocks did not experience the same level of gains as tech stocks in 2024, they still delivered impressive returns. That year, companies across the broader market that distributed dividends returned approximately 35% of their net income and 45% of their free cash flow to shareholders, according to Bloomberg. On average, these companies had a dividend yield of around 2.3%, while the market capitalization-weighted yield was about 1.5%. Given this, we will take a look at some of the best dividend stocks in the broader market.
Photo by nathan dumlao on Unsplash
Our Methodology
For this list, we scanned the list of the companies in the broader market and picked dividend stocks with dividend yields of about 2%, as of February 27. From that list, we picked 15 dividend stocks with the highest number of hedge fund investors, according to Insider Monkey’s database of over 1,000 hedge funds, as of Q4 20234. The stocks are ranked in ascending order of the number of hedge funds having stakes in them.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
15. Ford Motor Company (NYSE:F)
Number of Hedge Fund Holders: 45
Ford Motor Company (NYSE:F) is an American company, based in Michigan. The company is engaged in the manufacturing, distribution, and sale of automobiles. It recently wrapped up its 2024 fiscal year, with substantial losses in its electric vehicle segment eating into the profits generated by its conventional combustion engine sales. Additionally, rising trade tensions with Mexico and Canada have added uncertainty, as potential tariffs on imported materials and goods present further risks. The stock has declined by over 22.5% in the past 12 months.
That said, Ford Motor Company (NYSE:F) has been actively restructuring its operations to enhance efficiency. The company has scaled back its global presence by exiting underperforming markets such as Brazil and India while reducing its footprint in Europe. This strategic shift has allowed Ford to place greater emphasis on expanding its electric vehicle initiatives. In the fourth quarter of 2024, the automaker generated $48.2 billion in revenue, reflecting a 5% increase from the previous year.
Throughout 2024, Ford Motor Company (NYSE:F) maintained strong cash flow, reporting $15.4 billion in operating cash flow and $6.7 billion in free cash flow. Looking ahead to 2025, the company expects adjusted EBIT to fall between $7.0 billion and $8.5 billion, with projected adjusted free cash flow ranging from $3.5 billion to $4.5 billion. Capital expenditures are forecasted to be between $8 billion and $9 billion. Currently, it pays a quarterly dividend of $0.15 per share and has a dividend yield of 6.46%, as of February 27.
14. Altria Group, Inc. (NYSE:MO)
Number of Hedge Fund Holders: 47
Altria Group, Inc. (NYSE:MO) is a Virginia-based tobacco company that manufactures a wide range of related products including cigarettes and other nicotine products. In the past 12 months, the stock has surged by nearly 35%, and its YTD returns have come in at almost 5%. The tobacco industry has undergone major transformations in recent years. Although smoking rates have declined worldwide, there has been a growing preference for smoke-free alternatives such as e-cigarettes and oral tobacco, which are viewed as less harmful. Altria Group, the company behind brands like Marlboro and Parliament, has been responding to these shifting consumer preferences by expanding its portfolio of smoke-free products.
In the fourth quarter of 2024, Altria Group, Inc. (NYSE:MO) posted revenue of $5.11 billion, marking a 1.63% increase from the previous year and surpassing analyst expectations by $59.6 million. Growth in brand strength contributed to higher income and improved margins within its core tobacco segment, while the company continued making strategic investments to drive future expansion. Looking ahead to 2025, Altria anticipates adjusted diluted EPS in the range of $5.22 to $5.37, reflecting an expected growth of 2% to 5% compared to its 2024 EPS of $5.12.
Altria Group, Inc. (NYSE:MO) currently offers a quarterly dividend of $1.02 per share and has a dividend yield of 7.4%, as of February 27. The company has a strong track record of dividend payments, consistently prioritizing shareholder returns. In fiscal year 2024, the company distributed $6.8 billion in dividends. With 55 consecutive years of dividend growth, it remains one of the best dividend stocks on our list.
13. General Mills, Inc. (NYSE:GIS)
Number of Hedge Fund Holders: 49
General Mills, Inc. (NYSE:GIS) is an American food processing company that markets processed consumer food through retail stores. The company reported strong earnings for fiscal Q2 2025, with revenue reaching $5.24 billion, up 2% from the previous year and surpassing analyst forecasts by $97 million. Operating profit climbed 33% to $1.1 billion, benefiting from improved gross profit and the absence of a goodwill impairment charge that had affected the prior year’s performance.
General Mills, Inc. (NYSE:GIS) sells packaged consumer foods through retail stores. With a long-standing presence in the industry, it has continuously adapted to meet consumer preferences, including during the COVID-19 pandemic. As dining restrictions encouraged more home cooking, the company experienced a rise in business activity. Its core North American retail division performed well, benefiting from growing demand for organic products, convenient meal solutions, and baking ingredients.
General Mills, Inc. (NYSE:GIS)’s quarterly dividend comes in at $0.60 per share for a dividend yield of 4.00%, as of February 27. The company has a strong history of paying dividends, backed by its steady cash flow. In the first half of FY25, it reported $1.8 billion in operating cash flow, marking a 19% increase from the previous year. During this time, it returned $676 million to shareholders through dividends. Impressively, the company has upheld an unbroken streak of dividend payments for 125 years, which makes it one of the best dividend stocks on our list.
12. Colgate-Palmolive Company (NYSE:CL)
Number of Hedge Fund Holders: 62
Colgate-Palmolive Company (NYSE:CL) ranks twelfth on our list of the best dividend stocks in the broader market. The American multinational consumer products company is known for its presence in Oral Care, Personal Care, Home Care, and Pet Nutrition. The company continues to optimize its operations while prioritizing sustainability and expanding its product portfolio. Its commitment to making all packaging recyclable by 2025 reflects growing environmental concerns among consumers and regulators. In addition, through collaborations in renewable energy, the company is adapting its business model to align with evolving market trends and regulatory requirements.
In its FY24 earnings report, Colgate-Palmolive Company (NYSE:CL) surpassed $20 billion in annual revenue for the first time, marking a 4% increase from the previous year. This also represented the sixth consecutive year of organic sales growth within or above its target range of 3% to 5%. Strong sales performance and operational efficiency contributed to a solid bottom line, with net income and earnings per share showing double-digit growth from 2023.
Colgate-Palmolive Company (NYSE:CL) pays a quarterly dividend of $0.50 per share, yielding 2.22%, as of February 27. With a 62-year history of consecutive dividend increases, it ranks among the best dividend stocks. This consistent growth is backed by strong cash flow generation. In FY24, the company reported over $4 billion in operating cash flow, up 10% year-over-year, while free cash flow rose to more than $3.5 billion from $3 billion in the prior year. Reinforcing its commitment to shareholder returns, the company distributed $3.4 billion through dividends and share repurchases during the fiscal year.
11. Morgan Stanley (NYSE:MS)
Number of Hedge Fund Holders: 64
A global financial services company, Morgan Stanley (NYSE:MS) offers a wide range of related products and services to its consumers. In Q4 2024, the company reported revenue of $16.2 billion, reflecting a 25% year-over-year increase. Net income rose to $3.7 billion, or $2.22 per diluted share, compared to $1.5 billion, or $0.85 per share, in the prior-year quarter. Wealth and Investment Management’s total client assets reached $7.9 trillion, which was supported by strong market performance and continued net inflows. The company remains committed to its Integrated Firm model, focusing on four key areas—strategy, culture, financial strength, and growth—to drive long-term shareholder value.
In the past 12 months, Morgan Stanley (NYSE:MS) has surged by over 51%, outperforming the market. The company continued its focus on shareholder returns, distributing $150 million in dividends during the latest quarter. In recent years, the company has prioritized expanding its wealth management division, enhancing its technological infrastructure, and maintaining financial stability amid evolving regulatory requirements. These efforts have been instrumental in improving client services through innovation, managing asset growth, and navigating regulatory challenges effectively.
Morgan Stanley (NYSE:MS), one of the best dividend stocks, currently offers a quarterly dividend of $0.925 per share and has a dividend yield of 2.86%, as of February 27. The company remained committed to its shareholder value as it returned $150 million to investors through dividends.
10. Medtronic plc (NYSE:MDT)
Number of Hedge Fund Holders: 67
Medtronic plc (NYSE:MDT) ranks tenth on our list of the best dividend stocks in the broader market. The global medical device company operates across four key segments: medical-surgical, neuroscience, cardiovascular, and diabetes, offering a diverse portfolio of products.
In fiscal Q3 2025, Medtronic plc (NYSE:MDT) reported revenue of $8.3 billion, marking a 2.5% increase from the previous year, though slightly below Wall Street’s estimate of $8.33 billion. The company posted GAAP diluted earnings per share (EPS) of $1.01, while adjusted EPS rose 7% year over year to $1.39, exceeding analysts’ projections of $1.35.
Roughly half of Medtronic plc (NYSE:MDT)’s revenue comes from the US, the world’s most profitable healthcare market, while the remainder is derived from international markets, including high-growth emerging economies. The company’s core revenue is driven by its cardiovascular, neuroscience, and surgical divisions, while the diabetes segment represents a smaller portion. This diversified model enhances financial stability. Notably, the company experienced a rare decline in trailing 12-month sales of 10% during the early pandemic years when medical procedures were postponed or canceled—an event not seen since the mid-1980s.
Medtronic plc (NYSE:MDT) demonstrated a strong financial position in its latest earnings report. Over the first nine months of the fiscal year, the company generated more than $4.5 billion in operating cash flow and reported free cash flow of $3.1 billion. This solid cash position has enabled the company to increase its dividend payments for 47 consecutive years. The company’s quarterly dividend comes in at $0.70 per share and has a dividend yield of 3.09%, as of February 27.
9. McDonald’s Corporation (NYSE:MCD)
Number of Hedge Fund Holders: 67
McDonald’s Corporation (NYSE:MCD) is an American multinational fast food chain. The company delivered a weak quarterly performance, falling short of investor expectations. One factor behind the disappointing results was an E. Coli outbreak that impacted certain menu items, including the widely popular Quarter Pounder. However, while this incident contributed to the downturn, the company’s challenges were not limited to just the fourth quarter.
In the fourth quarter of 2024, McDonald’s Corporation (NYSE:MCD) reported $6.4 billion in revenue, reflecting a slight decline of 0.2% compared to the previous year. The figure also fell short of analysts’ expectations by more than $88 million. Same-store sales worldwide saw a modest increase of 0.4%, measuring the performance of locations open for at least a year. However, its key U.S. market faced a 1.4% decline in same-store sales, indicating a slowdown in growth and challenges in sustaining strong sales momentum. The stock has surged by nearly 6% since the start of 2025.
Despite these hurdles, McDonald’s Corporation (NYSE:MCD) remains attractive to investors due to its solid dividend history and financial stability. By the end of FY24, the company held over $1 billion in cash and cash equivalents, with total assets nearing $12 billion. In addition, it has consistently increased its dividend payouts for 48 consecutive years, coming through as one of the best dividend stocks on our list. The company offers a quarterly dividend of $1.77 per share and has a dividend yield of 2.28%, as of February 27.
8. Comcast Corporation (NASDAQ:CMCSA)
Number of Hedge Fund Holders: 80
Comcast Corporation (NASDAQ:CMCSA) is an American telecommunications company that offers a wide range of mobile phone and cable TV services. In the fourth quarter of 2024, the company posted revenue of nearly $32 billion, up 2.1% from the same period last year. The company’s strong performance was driven by achievements across its six growth businesses. Connectivity revenue saw a 5% increase despite intense market competition, while mobile services expanded with the addition of 1.2 million new lines. Business Services also reported a 5% rise in revenue.
In the media segment, Comcast Corporation (NASDAQ:CMCSA)’s studios secured the second spot in worldwide box office rankings, reflecting a successful year. Meanwhile, its streaming platform, Peacock, recorded a 46% surge in revenue, supported by a diverse mix of sports and entertainment content, including the highly successful Paris Olympics. In addition, the company’s ongoing investment in multi-gigabit symmetrical speeds enhances its competitive edge, allowing it to keep pace with growing data consumption needs fueled by streaming and other high-bandwidth applications.
Comcast Corporation (NASDAQ:CMCSA)’s cash position also came in strong. In the most recent quarter, the company reported an operating cash flow of over $8 billion, up from 6 billion in the same period last year. Its free cash flow also jumped to $3.26 billion, from $1.7 billion in the prior-year period. During the quarter, the company also returned $1.2 billion to shareholders through dividends, which makes it one of the best dividend stocks. It offers a quarterly dividend of $0.33 per share and has a dividend yield of 3.71%, as of February 27. The company has raised its payouts for 17 consecutive years.
7. The Coca-Cola Company (NYSE:KO)
Number of Hedge Fund Holders: 81
The Coca-Cola Company (NYSE:KO) is an American multinational beverage company. In the past 12 months, the stock has surged by over 17%. The company has demonstrated its operational resilience through solid organic revenue growth, margin expansion, and consistent EPS gains, even in a challenging market. Despite industry headwinds, including concerns over GLP-1 weight loss drugs, tariffs, currency fluctuations, and inflation, the company has successfully navigated these challenges, reinforcing its standing as a leading player in the sector.
In the fourth quarter of 2024, The Coca-Cola Company (NYSE:KO) reported $11.5 billion in revenue, marking a 6.5% year-over-year increase. Organic revenue grew by 14%, driven by a 9% rise in price/mix and a 5% uptick in concentrate sales. Throughout the year, Coca-Cola expanded its market share across its beverage portfolio, with Coca-Cola Zero Sugar performing particularly well, posting a 13% increase in unit volume during the quarter. The company’s innovative marketing efforts have played a key role in its success, contributing to roughly $40 billion in retail sales growth for its flagship brand over the past three years.
In the latest quarter, The Coca-Cola Company (NYSE:KO) maintained strong cash flow, generating $2.9 billion from operations and $1.6 billion in free cash flow. It also reported a solid adjusted operating margin of 30.7%, highlighting its profitability. With an impressive track record of raising dividends for over 62 consecutive years, KO is one of the best dividend stocks on our list. It currently pays a quarterly dividend of $0.485 per share and has a dividend yield of 2.86%, as of February 27.
6. AbbVie Inc. (NYSE:ABBV)
Number of Hedge Fund Holders: 85
AbbVie Inc. (NYSE:ABBV) is an American multinational biopharmaceutical company. The stock has surged by over 15% in the past 12 months, grabbing investors’ attention. The company is a major player in the pharmaceutical industry, offering a diverse range of treatments across immunology, oncology, neuroscience, and eye care. In addition to its medical therapies, it markets well-known aesthetic treatments such as Botox and Juvederm, widely used for anti-aging skincare. Its strong focus on innovation, along with its extensive product portfolio, solidifies its status as a blue-chip stock and an attractive investment option.
AbbVie Inc. (NYSE:ABBV) is a solid dividend payer, having raised its payouts for 52 consecutive years, which makes it one of the best dividend stocks on our list. The company’s quarterly dividend comes in at $1.64 per share and has a dividend yield of 3.19%, as of February 27.
AbbVie Inc. (NYSE:ABBV) posted fourth-quarter revenue of $15.1 billion, marking a 5.6% increase from the previous year and surpassing analysts’ projections of $14.87 billion. On a GAAP basis, it reported a net loss of $0.02 per share for the quarter. However, adjusted diluted earnings per share (EPS) came in at $2.16, slightly above the anticipated $2.13. For 2024, combined sales of Skyrizi and Rinvoq totaled $17.7 billion, reflecting a 51% annual increase, fueled by rising global demand and ongoing market expansion. Excluding Humira, the company’s total revenue grew 18% year-over-year, supported by strong performance in its neuroscience and oncology segments.
5. The Home Depot, Inc. (NYSE:HD)
Number of Hedge Fund Holders: 88
The Home Depot, Inc. (NYSE:HD) is a Georgia-based multinational home improvement company that offers related products and services to its consumers. The company delivered robust fourth-quarter earnings for 2024, reporting revenue of $39.7 billion, reflecting a year-over-year increase of over 14%. For fiscal 2025, it anticipates total sales growth of approximately 2.8%, with comparable sales projected to rise by about 1% over the same 52-week period. Additionally, the company aims to open roughly 13 new stores and expects a gross margin of around 33.4%.
In the past 12 months, The Home Depot, Inc. (NYSE:HD) has surged by nearly 4%. With a presence in more than 2,300 locations across North America, the company’s performance is closely tied to trends in the real estate market. Although it has maintained steady growth and strong profitability, it has encountered challenges due to elevated mortgage rates. Higher borrowing costs have contributed to a decline in home sales and a lower inventory of available properties, which in turn has affected consumer spending on home improvement projects.
The Home Depot, Inc. (NYSE:HD) ended the quarter with over $1.65 billion in cash and cash equivalents. During fiscal 2024, it generated nearly $20 billion in operating cash flow, reinforcing its solid financial standing. This stability has allowed the company to sustain uninterrupted dividend payments for 152 consecutive quarters. In addition, it raised its quarterly dividend by 2.2% to $2.30 per share, marking the 15th straight year of dividend growth. With a dividend yield of 2.35%, as of February 27, HD is one of the best dividend stocks in the broader market.
4. Bristol-Myers Squibb Company (NYSE:BMY)
Number of Hedge Fund Holders: 88
Bristol-Myers Squibb Company (NYSE:BMY) is an American pharmaceutical industry company. In the fourth quarter of 2024, the company reported revenue of $12.34 billion, reflecting a 7.5% increase compared to the same period the previous year. The company’s Growth Portfolio performed particularly well, with revenue climbing 21% to $6.4 billion. This growth was driven by strong demand for key treatments, including Reblozyl, Breyanzi, and Camzyos, which saw annual sales increases of 71%, 125%, and 101%, respectively.
Bristol-Myers Squibb Company (NYSE:BMY) remains focused on advancing new molecular entities while also pursuing strategic acquisitions to bolster its research and development capabilities. This approach enhances its competitive positioning, fosters innovation, and solidifies its presence in the pharmaceutical industry. In the past 12 months, the stock has surged by over 16%.
Bristol-Myers Squibb Company (NYSE:BMY) ended the year with more than $10.3 billion in cash and cash equivalents. The company is considered as one of the best dividend stocks, having consistently paid dividends for 93 years and increasing its payouts for 16 consecutive years. Currently, it pays a quarterly dividend of $0.60 per share and has a dividend yield of 4.18%, as of February 27.
3. Johnson & Johnson (NYSE:JNJ)
Number of Hedge Fund Holders: 98
Johnson & Johnson (NYSE:JNJ) is a New Jersey-based pharmaceutical company that operates through its subsidiaries to develop, manufacture, and market a wide range of healthcare products. Its diverse portfolio includes more than 10 high-performing drugs across various therapeutic areas, such as infectious diseases and oncology. Beyond pharmaceuticals, the company is also a key player in the medical device sector, providing additional diversification. Its financial performance has remained stable and consistent over time. The stock has surged by more than 14% in the past 12 months.
In the fourth quarter of 2024, Johnson & Johnson (NYSE:JNJ) reported revenue of $22.5 billion, reflecting a 5.2% increase year-over-year. As a leading healthcare company, it continues to focus on addressing diseases with significant unmet medical needs, including multiple myeloma, lung cancer, inflammatory bowel disease, and heart failure. The MedTech segment saw global operational sales rise by 6.2%, with acquisitions and divestitures accounting for 1.5% of this growth. Increased demand for electrophysiology products and Abiomed contributed to growth in the Cardiovascular division, while sales of wound closure products supported gains in the General Surgery segment.
Johnson & Johnson (NYSE:JNJ)’s quarterly dividend stands at $1.24 per share, offering a dividend yield of 3.01%, as of February 26. With a 62-year track record of consecutive dividend increases, the company remains one of the most consistent dividend payers in the market.
2. Citigroup Inc. (NYSE:C)
Number of Hedge Fund Holders: 101
Citigroup Inc. (NYSE:C) is an American multinational investment banking company, which offers a wide range of related services and products to its consumers. The company structures its operations into several key business segments: Global Consumer Banking, Institutional Clients Group, and Treasury and Trade Solutions. With a focus on strengthening its competitive advantage, the company leverages its extensive global presence and broad client base. In the past year, the stock has surged by nearly 44%.
In fiscal year 2024, Citigroup Inc. (NYSE:C)’s net income surged nearly 40% to $12.7 billion, exceeding its annual revenue target. This growth was driven by strong performances across its Services, Wealth, and US Personal Banking divisions. The company effectively managed expenses, improved its efficiency ratio, and successfully carried out a major restructuring. Annual revenue reached $81.1 billion, reflecting a 3% increase from the previous year.
Demonstrating its commitment to shareholder returns, Citigroup Inc. (NYSE:C) distributed $6.7 billion in 2024 through dividends and share repurchases. With a 34-year track record of uninterrupted dividend payments, C is one of the best dividend stocks on our list. The company offers a quarterly dividend of $0.56 per share and has a dividend yield of 2.83%, as of February 27.
1. JPMorgan Chase & Co. (NYSE:JPM)
Number of Hedge Fund Holders: 123
JPMorgan Chase & Co. (NYSE:JPM) is an American multinational financial services company that offers services in commercial banking, financial transaction processing, and asset management. In 2024, the bank achieved record-breaking financial results, with annual revenue exceeding $177 billion and net income surpassing $58 billion. Both figures reflected strong double-digit growth from the previous year, with revenue increasing by 12% and profitability rising by 18%.
These milestones were largely driven by growth across all three of its primary business divisions. The core Consumer and Community Banking unit saw a 2% increase from 2023, while the Commercial and Investment Banking and Asset and Wealth Management segments each posted a solid 9% gain.
JPMorgan Chase & Co. (NYSE:JPM) has established itself as a leading dividend stock, maintaining consistent payouts since 1972. In the latest quarter, the company reinforced its commitment to shareholder returns by distributing $3.5 billion in dividends. Its quarterly dividend comes in at $1.25 per share and has a dividend yield of 1.9%, as of February 27.
JPMorgan Chase & Co. (NYSE:JPM) has also built up a substantial reserve of excess capital, amounting to approximately 10% of its market capitalization, while maintaining a disciplined approach to capital management. Although share repurchases have not been a primary focus, the company still bought back $6.36 billion worth of stock in Q3 2024. As economic conditions improve, it is expected to gradually reduce its cash reserves and enhance capital returns to shareholders.
Overall, JPMorgan Chase & Co. (NYSE:JPM) ranks first on our list of the best dividend stocks in the broader market. While we acknowledge the potential for JPM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JPM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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