5 Best Quality Dividend Stocks to Buy

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1. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 91

Walmart Inc. (NYSE:WMT) tops our list of the best dividend stocks to buy now. The multinational retail corporation has been raising its dividends for 50 years straight and currently pays a quarterly dividend of $0.57 per share. The stock’s dividend yield on July 12 came in at 1.47%.

Walmart Inc. (NYSE:WMT) was a popular stock among hedge funds in Q1 2023, as hedge fund positions in the company jumped to 91, from 66 in the previous quarter, as shown by Insider Monkey’s database. The stakes owned by these hedge funds have a consolidated value of over $5.6 billion.

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You can also take a look at 10 UK Dividend Growth Stocks to Consider and 10 Best Stocks to Buy for a Month

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