5 Best Food Dividend Stocks To Buy Now

2. Starbucks Corporation (NASDAQ:SBUX)

Number of Hedge Fund Holders: 60

Starbucks Corporation (NASDAQ:SBUX) is a global coffeehouse chain that specializes in providing a variety of coffee-based beverages, snacks, and other food items. The company has been growing its dividends for 13 consecutive years and it currently offers a quarterly dividend of $0.57 per share. The stock has a dividend yield of 2.23%, as of November 27.

At the end of September 2023, 60 hedge funds owned stakes in Starbucks Corporation (NASDAQ:SBUX), up from 59 in the previous quarter, as per Insider Monkey’s database. The collective value of these stakes is over $2.7 billion.

Follow Starbucks Corp (NASDAQ:SBUX)