5 Best Beaten Down Dividend Stocks to Buy

2. Abbott Laboratories (NYSE:ABT)

Number of Hedge Fund Holders: 62
1-Year Share Price Decline as of October 18: 2.60%

Abbott Laboratories (NYSE:ABT) is next on our list of the best beaten down dividend stocks. The multinational healthcare company has been growing its dividends for 51 years consistently and pays a quarterly dividend of $0.51 per share. The stock has a dividend yield of 2.13%, as of October 18.

The number of hedge funds owning stakes in Abbott Laboratories (NYSE:ABT) stood at 61 in Q2 2023, as per Insider Monkey’s database. The total value of stakes owned by these hedge funds is over $1.18 billion.

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