5 Best Value Dividend Stocks Billionaires Are Crazy About

3. Cisco Systems, Inc. (NASDAQ:CSCO)

Number of Billionaire Investors: 19
P/E Ratio as of December 8: 14.58

An American multinational tech company, Cisco Systems, Inc. (NASDAQ:CSCO) is next on our list of the best dividend stocks. The company offers a quarterly dividend of $0.39 per share and has a dividend yield of 3.23%, as of December 8. It holds a 16-year track record of consistent dividend growth.

The number of hedge funds tracked by Insider Monkey owning stakes in Cisco Systems, Inc. (NASDAQ:CSCO) grew to 64 in Q3 2023, from 55 in the preceding quarter. The collective value of these stakes is over $1.6 billion. Billionaires Cliff Asness and Ken Griffin were the company’s most prominent stakeholders in Q3.

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