5 Best Dividend Stocks Paying Over 6%

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1. Verizon Communications Inc. (NYSE:VZ)

Number of Hedge Fund Holders: 61
Dividend Yield as of November 23: 7.12%

An American telecommunications company, Verizon Communications Inc. (NYSE:VZ) tops our list of the best dividend stocks with high dividend yields. The company has been rewarding shareholders with 17 consecutive years of dividend growth and it currently pays a quarterly dividend of $0.665 per share. The stock has a dividend yield of 7.12%, as of November 23.

As of the end of Q3 2023, 61 hedge funds owned stakes in Verizon Communications Inc. (NYSE:VZ), up significantly from 53 in the previous quarter, according to Insider Monkey’s database. The collective value of these stakes is nearly $1.4 billion.

Follow Verizon Communications Inc (NYSE:VZ)

You can also take a look at 14 Low PE High Dividend Stocks to Buy Now and Billionaire Steven Cohen’s Top High Dividend Stock Picks

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