5 Best Affordable Dividend Stocks To Buy

2. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Holders: 73
P/E Ratio as of November5: 17.08
Share Price as of November 5: $31.2

An American multinational pharmaceutical company, Pfizer Inc. (NYSE:PFE) has been raising its dividends for 13 years in a row. The company pays a quarterly dividend of $0.41 per share and has a dividend yield of 5.25%, as recorded on November 5.

As of the end of Q2 2023, 73 hedge funds tracked by Insider Monkey reported owning stakes in Pfizer Inc. (NYSE:PFE), which remained unchanged from the previous quarter. These stakes have a total worth of over $1.5 billion. Diamond Hill Capital was the company’s largest shareholder, owning nearly 7 million shares in the company.

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