5 Best Dow Jones Dividend Stocks According to Hedge Funds

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 300

Microsoft Corporation (NASDAQ:MSFT) is a multinational technology company with a diverse range of products and services. The company has a strong dividend growth history of 17 consecutive years. It currently pays a quarterly dividend of $0.75 per share and has a dividend yield of 0.89%, as of October 25.

Of the 910 hedge funds tracked by Insider Monkey at the end of Q2 2023, 300 funds held stakes in Microsoft Corporation (NASDAQ:MSFT), up from 289 in the previous quarter. These stakes are collectively valued at roughly $70 billion.

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You can also take a look at 12 Best Telecom Stocks To Buy Right Now and 10 Fastest Growing Auto Stocks to Buy

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