5 Best Beaten Down Dividend Stocks to Invest in Now

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1. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Holders: 79
Year-to-Date Share Price Decline: 6.6%

Pfizer Inc. (NYSE:PFE) tops our list of the best dividend stocks to invest in. The multinational biotech company offers a quarterly dividend of $0.42 per share, having raised it by 2.4% in December 2023. Through this increase, the company stretched its dividend growth streak to 14 years. The stock has a dividend yield of 6.05%, as of March 30.

The number of hedge funds tracked by Insider Monkey owning stakes in Pfizer Inc. (NYSE:PFE) jumped to 79 in Q4 2023, from 73 in the previous quarter. The collective value of these stakes is over $2.2 billion.

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You can also take a look at 14 Best Stocks To Buy According to AI and 50 Percent of Billionaire Cooperman’s Portfolio is Invested in These 12 Dividend Stocks

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