5 Best Restaurant Dividend Stocks to Buy

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1. Starbucks Corporation (NASDAQ:SBUX)

Number of Hedge Fund Holders: 69

While it may not fit the traditional image of a full-service restaurant, Starbucks Corporation (NASDAQ:SBUX) operates a vast network of coffeehouse locations worldwide where customers can order a variety of beverages and food items. The company tops our list of the best dividend stocks as it has grown its dividends for 12 years straight. It pays a per-share dividend of $0.53 every quarter for a dividend yield of 2.09%, as of July 13.

According to Insider Monkey’s database of Q1 2023, 69 hedge funds owned positions in Starbucks Corporation (NASDAQ:SBUX), up from 61 a quarter earlier. The stakes held by these hedge funds are worth $2.05 billion collectively.

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You can also take a look at 14 Best Multibagger Stocks to Buy for 2024 and 10 Best Potash Stocks to Buy

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