5 Best Dow Jones Dividend Stocks According to Hedge Funds

3. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 131

An American multinational tech giant, Apple Inc. (NASDAQ:AAPL) was a part of 131 hedge fund portfolios at the end of Q2 2023, according to Insider Monkey’s database. The stakes owned by these funds have a total value of $194 billion.

Apple Inc. (NASDAQ:AAPL) has always remained committed to its shareholder return as it paid nearly $24 billion to shareholders through dividends during its most recent quarter. The company’s quarterly dividend stands at $0.24 per share and has a dividend yield of 0.56%, as recorded on October 25.

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