5 Best October Dividend Stocks To Buy

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1. Texas Instruments Incorporated (NASDAQ:TXN)

Ex-Dividend Date: October 30

Texas Instruments Incorporated (NASDAQ:TXN) tops our list of the best dividend stocks. The global semiconductor company has been raising its dividends consistently for the past 12 years. It offers a quarterly dividend of $1.30 per share, having raised it by 4.8% on September 21. As of October 4, the stock has a dividend yield of 3.29%.

The number of hedge funds tracked by Insider Monkey owning stakes in Texas Instruments Incorporated (NASDAQ:TXN) stood at 56 in Q2 2023, growing from 52 a quarter earlier. The overall value of these stakes is over $2.34 billion.

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