5 Cash-Rich Dividend Stocks To Buy Now

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1. Union Pacific Corporation (NYSE:UNP)

Number of Hedge Fund Holders: 84
Operating Cash Flow (TTM): $8.28 billion

Union Pacific Corporation (NYSE:UNP) tops our list of the best cash-rich stocks that pay dividends. The American transportation and logistics company. It has been raising its dividends consistently for the past 16 years and currently pays a quarterly dividend of $1.30 per share. As of October 31, the stock has a dividend yield of 2.52%.

Of the 910 hedge funds in Q2 2023, 84 hedge funds tracked by Insider Monkey owned stakes in Union Pacific Corporation (NYSE:UNP), compared with 85 in the previous quarter. The consolidated value of these stakes is over $4.15 billion.

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