5 Best Stocks to Buy for Income

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1. Citigroup Inc. (NYSE:C)

Number of Hedge Fund Holders: 75
Dividend Yield as of October 28: 5.54%

Citigroup Inc. (NYSE:C) tops our list of the best stocks for income. The global financial services company pays a quarterly dividend of $0.53 per share. The stock’s dividend yield on October 28 came in at 5.54%.

As of the close of Q2 2023, 75 hedge funds tracked by Insider Monkey reported having stakes in Citigroup Inc. (NYSE:C), compared with 79 in the previous quarter. The consolidated value of these stakes is over $6.75 billion. Berkshire Hathaway was the company’s leading stakeholder in Q2 among these hedge funds.

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You can also take a look at Dividend Capture Strategy: 10 High Yield Stocks To Buy in November and 12 Defensive Healthcare Dividend Stocks To Invest In

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