5 Best Dividend Paying Stocks To Buy Now

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 306

Microsoft Corporation (NASDAQ:MSFT) ranks first on our list of the best dividend paying stocks to buy now. The American multinational tech giant offers a quarterly dividend of $0.75 per share for a dividend yield of 0.73%, as of January 30. Its dividend growth streak currently spans over 17 years.

Insider Monkey’s database of 910 hedge funds showed that 306 funds held stakes in Microsoft Corporation (NASDAQ:MSFT) at the end of Q3 2023, up from 300 in the preceding quarter. Their collective stake value is over $72 billion. Among these hedge funds, Bill & Melinda Gates Foundation Trust was the company’s leading stakeholder in Q3.

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You can also take a look at 13 Best Long-Term Dividend Stocks To Buy Now and 12 Best Dividend Stocks Under $50

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