5 Best Halal Dividend Stocks To Buy

2. AbbVie Inc. (NYSE:ABBV)

Number of Hedge Fund Holders: 73

AbbVie Inc. (NYSE:ABBV) is an American pharmaceutical company known for its focus on the research, development, and commercialization of various medications and therapies. The company offers a quarterly dividend of $1.55 per share and has a dividend yield of 4.47%, as recorded on November 25. Its dividend growth streak currently stands at 51 years, which makes ABBV one of the best halal stocks on our list.

As of the end of Q3 2023, 73 hedge funds in Insider Monkey’s database owned stakes in AbbVie Inc. (NYSE:ABBV), down from 74 a quarter earlier. The total value of these stakes is over $3.27 billion. With roughly 4 million shares, Marshall Wace LLP was the company’s leading stakeholder in Q3.

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