5 Best Dividend Stocks Under $50

3. Comcast Corporation (NASDAQ:CMCSA)

Number of Hedge Fund Holders: 68
Share Price as of January 26: $46.2

Comcast Corporation (NASDAQ:CMCSA) is a global media and technology company with a diverse range of businesses. The company is a leading provider of cable television, high-speed internet, and digital voice services to residential customers. On January 25, the company declared a 7% hike in its quarterly dividend to $0.31 per share. Through this increase, the company stretched its dividend growth streak to 16 years, which makes CMCSA one of the best dividend stocks on our list. The stock’s dividend yield on January 28 came in at 2.68%.

Of the 910 hedge funds tracked by Insider Monkey at the end of Q3 2023, 68 funds owned stakes in Comcast Corporation (NASDAQ:CMCSA), up from 66 in the previous quarter. the consolidated value of these stakes is over $3.6 billion.

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