5 Best Recession Dividend Stocks To Buy

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1. Merck & Co., Inc. (NYSE:MRK)

Number of Hedge Fund Holders: 98

Merck & Co., Inc. (NYSE:MRK) tops our list of the best dividend stocks to consider for a recession. The company has raised its dividends for each of the past 13 years and it currently offers a quarterly dividend of $0.77 per share. As of May 6, the stock supports a dividend yield of 2.42%.

At the end of Q4 2023, 98 hedge funds, growing significantly from 85 in the previous quarter, held stakes in Merck & Co., Inc. (NYSE:MRK), as per Insider Monkey’s database. These stakes are worth over $7.1 billion in total. Ken Fisher, Ken Griffin, and Israel Englander are some of the most prominent stakeholders of the company in Q4.

Follow Merck & Co. Inc. (NYSE:MRK)

You can also take a look at 10 Best Trucking Stocks to Buy and 23 Most Profitable Stocks of the Last 12 Months

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