5 Best Blue Chip Dividend Stocks To Buy

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 306
Market Cap as of January 25: $3 trillion

Microsoft Corporation (NASDAQ:MSFT) ranks first on our list of the best dividend stocks. The multinational tech company offers a quarterly dividend of $0.75 per share and maintains a 17-year streak of consistent dividend growth. The stock’s dividend yield on January 25 came in at 0.75%.

Of the 910 hedge funds tracked by Insider Monkey at the end of Q3 2023, 306 funds held stakes in Microsoft Corporation (NASDAQ:MSFT), growing from 300 in the preceding quarter. These stakes have a collective value of more than $72 billion.

Follow Microsoft Corp (NASDAQ:MSFT)

You can also take a look at 10 Dividend Stocks with the Biggest Buyback Programs and 10 Dividend Stocks with Sustainable Payout Ratios

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