5 Best Dividend Stocks to Buy According to Warren Buffett

2. Mastercard Incorporated (NYSE:MA)

Number of Hedge Fund Holders: 140

Mastercard Incorporated (NYSE:MA) is a global financial technology company offering a payment processing network. Mastercard Incorporated (NYSE: MA) oversees payment transaction processing, including authorization, clearing, settlement, and provides additional payment-related products and services. 

While Mastercard Incorporated (NYSE:MA) has paid dividends for about 15 years, its dividend growth streak stands at 11 years. The company is fresh from declaring a 15% increase in quarterly dividend to $0.66 a share at the back of a yield of 0.62%.

Out of the 910 hedge funds that Insider Monkey tracks, 140 of them had stakes in the firm in Q3 2023. The biggest hedge fund stakeholder of Mastercard Incorporated (NYSE:MA) was Akre Capital Management, which Charles Akre owns. They had a stake worth $2.3 billion.

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