5 Best High Yield Stocks To Buy

2. Bristol-Myers Squibb Company (NYSE:BMY)

Number of Hedge Fund Holders: 65
Dividend Yield as of December 4: 4.55%

Bristol-Myers Squibb Company (NYSE:BMY) is an American multinational pharmaceutical company that has raised its dividends for 17 years in a row. The company offers a quarterly dividend of $0.57 per share and has a dividend yield of 4.55%, as of December 4.

As of the end of Q3 2023, 65 hedge funds tracked by Insider Monkey reported having stakes in Bristol-Myers Squibb Company (NYSE:BMY), compared with 66 in the previous quarter. The collective value of these stakes is over $1.8 billion. Among these hedge funds, Two Sigma Advisors was the company’s leading stakeholder in Q3.

Follow Bristol Myers Squibb Co (NYSE:BMY)