5 Best Recession Dividend Stocks to Buy

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1. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 75
Dividend Yield as of July 24: 2.46%

The Procter & Gamble Company (NYSE:PG), an Ohio-based consumer goods company, tops our list of the best dividend stocks to buy. With a dividend growth track record of 67 years, PG has been on investors’ radars also due to its strong business during previous recessions. It currently pays a quarterly dividend of $0.9407 per share, with a dividend yield of 2.46%, as recorded on July 24.

Insider Monkey’s database of Q1 2023 showed that 75 hedge funds owned stakes in The Procter & Gamble Company (NYSE:PG), compared with 74 in the previous quarter. The stakes owned by these hedge funds have a total value of $4.66 billion.

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You can also take a look at 10 Best Retail Dividend Stocks to Buy and 12 Highest Yielding Dow Jones Dividend Stocks

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