5 Best Fortune 500 Dividend Stocks To Buy Now

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 306

Microsoft Corporation (NASDAQ:MSFT) tops our list of the best large-cap stocks to invest in. The company currently pays a quarterly dividend of $0.75 per share, having raised it by 10% in September this year. Through this increase, the company stretched its dividend growth streak to 17 years. As of November 25, the stock has a dividend yield of 0.79%.

With 306 hedge fund positions, Microsoft Corporation (NASDAQ:MSFT) was the most popular stock among elite funds at the end of Q3 2023, according to Insider Monkey’s database. The stakes owned by these hedge funds have a consolidated value of over $72 billion.

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You can also take a look at 15 Best Income Stocks To Invest In and 13 Safest Stocks To Invest In

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