5 Best Dividend Stocks to Buy Now

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1. JPMorgan Chase & Co. (NYSE:JPM)

Number of Hedge Fund Holders: 104

Dividend Yield: 3.52%

JPMorgan Chase & Co. (NYSE:JPM) is an American global financial services and investment banking firm. The firm has a $1.00 per share quarterly dividend as of September 2022 and a dividend yield of 3.52%. 

If there is an economic slowdown or recession, JPMorgan Chase & Co. (NYSE:JPM) has strong business fundamentals that could help it grow its dividend once the economy recovers.

Many hedge funds also like the stock. At the end of Q2, 104 hedge funds in Insider Monkey’s database held shares in JPMorgan Chase & Co. (NYSE:JPM) with the total value of those stakes exceeding $5.8 billion. 

You can also take a look at 10 Best Dividend Stocks of All Time and 10 Best Vanguard ETFs to Invest In.

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