5 Best Dow Jones Dividend Stocks According to Hedge Funds

2. Visa Inc. (NYSE:V)

Number of Hedge Fund Holders: 171

Visa Inc. (NYSE:V) is next on our list of the best dividend stocks from Dow. The global financial tech company declared a 15.6% hike in its quarterly dividend to $0.52 per share. This stretched the company’s dividend growth streak to 15 years. The stock’s dividend yield on October 25 came in at 0.76%.

According to Insider Monkey’s database of Q2 2023, 171 hedge funds owned stakes in Visa Inc. (NYSE:V), down from 173 in the previous quarter. The consolidated value of these stakes is roughly $25 billion. With over 17.7 million shares, TCI Fund Management was the company’s leading stakeholder in Q2.

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