5 Dividend Growth Stocks with Over 3% Yield

4. Pfizer Inc. (NYSE:PFE)

Dividend Yield as of May 11: 6.01%

Pfizer Inc. (NYSE:PFE) is a New York-based pharmaceutical company that specializes in developing innovative medicines. The company declared a quarterly dividend of $0.42 per share on April 24, which fell in line with its previous dividend. Overall, it has been growing its dividends for the past 14 years, which makes PFE one of the best dividend growth stocks on our list.

The number of hedge funds tracked by Insider Monkey owning stakes in Pfizer Inc. (NYSE:PFE) grew to 79 in Q4 2023, from 73 in the previous quarter. The total value of these stakes is over $2.2 billion.

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