5 Favorite Dividend Stocks of Hedge Funds

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 259

Microsoft Corporation (NASDAQ:MSFT) is one of the largest technology companies in the world. Some of its most popular products include Windows operating systems, Office 365 productivity software, Xbox gaming console and the search engine called Bing. It is also one of the most diversified companies within the information technology sector. 

With 259 hedge funds owning a total equity of $65 billion in Microsoft, the company is the most favorite dividend stock of hedge funds. Fisher Asset Management is the leading stakeholder in the technology titan with a total equity of $8.6 billion.

Unlike most other technology companies, Microsoft does pay dividends to its shareholders and its dividend yield as of June 8 is 0.92%. It has been paying out a dividend cash amount of $0.62 since the last quarter of 2021 and has been consistent in making payments while consecutively growing the rate for the past 20 years.

Microsoft was talked about by Motiwala Capital in their Q4, 2021 investor letter. Here is what they said:

“Microsoft (NASDAQ:MSFT) re-enters our portfolio after a long gap. MSFT sells enterprise and consumer software products as well as hardware products such as the Xbox video game console and Surface laptops. All business segments experienced double-digit revenue growth and earnings per share have compounded in the mid-double digits over the last 5 years. We believe MSFT continues this momentum in the years ahead.”

You can also take a peek at 10 Dividend Stocks with Over 5% Yield and 5 Stocks to Buy and Hold for Over 10 Years According to Ray Dalio

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