5 Best ESG Dividend Stocks to Buy According to Hedge Funds

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 173

An American leading tech company, NVIDIA Corporation (NASDAQ:NVDA) aims to procure or generate adequate renewable energy to offset 100% of its total global electricity consumption. On February 22, the company announced a quarterly dividend of $0.04 per share, which was consistent with its previous dividend. The stock has a dividend yield of 0.02%, as recorded on February 28.

Of the 933 hedge funds tracked by Insider Monkey at the end of Q4 2023, 173 hedge funds owned stakes in NVIDIA Corporation (NASDAQ:NVDA), compared with 180 in the preceding quarter. The collective value of these stakes is over $33.7 billion.

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