5 Best October Dividend Stocks To Buy

3. CVS Health Corporation (NYSE:CVS)

Ex-Dividend Date: October 19

CVS Health Corporation (NYSE:CVS) is next on our list of the best dividend stocks that will be trading ex-dividend in October. The diversified healthcare company operates in various segments of the healthcare industry. It currently pays a quarterly dividend of $0.605 per share and has a dividend yield of 3.51%, as of October 4.

At the end of June 2023, 66 hedge funds in Insider Monkey’s database held stakes in CVS Health Corporation (NYSE:CVS), worth collectively over $2.17 billion. Among these hedge funds, Two Sigma Advisors owned the largest stake in the company, valued at roughly $400 million.

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