5 Best Dow Dividend Stocks to Double Your Income

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1. International Business Machines Corporation (NYSE:IBM)

Number of Hedge Fund Holders: 44

Dividend Yield: 5.3%

International Business Machines Corporation (NYSE:IBM) is an information technology company operating in the IT consulting and other services industry. The company offers integrated solutions and services through its Cloud & Cognitive Software, Global Business Services, Global Technology Services, Systems, and Global Financing segments. It has raised its dividend for the past 22 years.

Evercore ISI holds an In Line rating on International Business Machines Corporation (NYSE:IBM) as of this January.

The earnings history for International Business Machines Corporation (NYSE:IBM) shows an EPS of $3.4, beating estimates by $0.06, in the fiscal fourth quarter of 2021. Its revenue was $16.7 billion, also beating estimates by $730.5 million.

International Business Machines Corporation (NYSE:IBM) had 44 hedge funds holding stakes in it in the fourth quarter of 2021, compared to 41 hedge funds in the previous quarter.

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