5 Best Global Dividend Stocks To Buy Now

In this article, we discuss 5 best global dividend stocks to buy. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read 11 Best Global Dividend Stocks To Buy Now.

5. JPMorgan Chase & Co. (NYSE:JPM)

Number of Hedge Fund Holders: 109

JPMorgan Chase & Co. (NYSE:JPM) is one of the largest and most prominent financial institutions in the world. In its recently announced fourth-quarter earnings, the company posted revenue of $38.5 billion, which showed an 11.8% growth from the same period last year. During the quarter, it returned $3.1 billion to shareholders through dividends, which makes JPM one of the best dividend stocks on our list. The stock’s dividend yield on January 16 came in at 2.49%.

The number of hedge funds tracked by Insider Monkey owning stakes in JPMorgan Chase & Co. (NYSE:JPM) grew to 109 in Q3 2023, from 106 in the preceding quarter. The collective value of these stakes is over $6.6 billion. Among these hedge funds, Fisher Asset Management was the company’s leading stakeholder in Q3.

4. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 134

An American multinational tech giant, Apple Inc. (NASDAQ:AAPL) is next on our list of the best dividend stocks that have global operations. In the third quarter of 2023, the company generated over $22.4 billion through revenues in Europe and its Japan sales amounted to more than $5 billion. Apple Inc. (NASDAQ:AAPL) has been growing its dividends for the past 11 years and it offers a quarterly dividend of $0.24 per share. The stock has a dividend yield of 0.53%, as recorded on January 16.

Of the 910 hedge funds tracked by Insider Monkey at the end of Q3 2023, 134 hedge funds owned stakes in Apple Inc. (NASDAQ:AAPL), compared with 135 in the previous quarter. The overall value of these stakes is roughly $180 billion.

3. Mastercard Incorporated (NYSE:MA)

Number of Hedge Fund Holders: 140

Mastercard Incorporated (NYSE:MA) is a multinational financial services company that operates as a technology company in the global payments industry. In December 2023, the company announced a 15.8% hike in its quarterly dividend to $0.66 per share, which marked its 11th consecutive annual dividend increase. With a dividend yield of 0.62% as of January 16, MA is one of the best dividend stocks on our list.

At the end of September 2023, 140 hedge funds in Insider Monkey’s database owned stakes in Mastercard Incorporated (NYSE:MA), up from 139 in the previous quarter. These stakes have a total value of over $15.2 billion. Akre Capital Management was the largest stakeholder of the company in Q3.

2. Visa Inc. (NYSE:V)

Number of Hedge Fund Holders: 167

Visa Inc. (NYSE:V) is a global financial services company that operates in the payment technology industry. The company pays a quarterly dividend of $0.52 per share, growing it by 15.6% in October last year. This was the company’s 15th consecutive year of dividend growth, which makes V one of the best dividend stocks on our list. As of January 16, the stock has a dividend yield of 0.78%.

According to Insider Monkey’s database of the third quarter of 2023, 167 hedge funds reported having stakes in Visa Inc. (NYSE:V), down from 171 a quarter earlier. The consolidated value of these stakes is more than $24.4 billion.

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 306

Microsoft Corporation (NASDAQ:MSFT) ranks first on our list of the best dividend stocks globally. The multinational tech company holds a 17-year track record of consistent dividend growth and offers a quarterly dividend of $0.75 per share. The stock has a dividend yield of 0.77%, as of January 16.

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 company ended the quarter with 306 hedge fund positions, up from 300 in the previous quarter. The total value of stakes owned by these hedge funds is over $72 billion.

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