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

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1. JPMorgan Chase & Co. (NYSE:JPM)

Number of Hedge Fund Holders: 106

JPMorgan Chase & Co. (NYSE:JPM) tops our list of the best dogs of the Dow stocks. On September 19, the company declared a 5% growth in its quarterly dividend to $1.05 per share, following the successful completion of the Federal Reserve’s 2023 Comprehensive Capital Analysis and Review stress test. The stock’s dividend yield on October 25 came in at 2.98%.

As per Insider Monkey’s database of Q2 2023, 106 hedge funds owned stakes in JPMorgan Chase & Co. (NYSE:JPM), compared with 112 in the preceding quarter. The collective worth of these stakes is over $4.38 billion.

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