5 Best Dogs of the Dow Stocks Ranked By Hedge Fund Sentiment

2. Merck & Co., Inc. (NYSE:MRK)

Number of Hedge Fund Holders: 78

Merck & Co., Inc. (NYSE:MRK) is a New Jersey-based multinational pharmaceutical and healthcare company that operates in various aspects of the healthcare industry. The company currently pays a quarterly dividend of $0.73 per share and has been growing its dividends consistently for the past 11 years. As of October 25, the stock has a dividend yield of 2.83%.

At the end of Q2 2023, 78 hedge funds in Insider Monkey’s database reported having stakes in Merck & Co., Inc. (NYSE:MRK), up from 75 in the previous quarter. These stakes have a total value of over $2.65 billion.

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