5 Highest Yielding Dow Jones Dividend Stocks

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1. Verizon Communications Inc. (NYSE:VZ)

Dividend Yield as of July 19: 8.09%

Verizon Communications Inc. (NYSE:VZ) tops our list of the best dividend stocks in the Dow Jones with a dividend yield of 8.09%. The multinational telecommunications company has raised its dividends for 16 years in a row. It currently pays a quarterly dividend of $0.6525 per share.

As of the close of Q1 2023, the number of hedge funds in Insider Monkey’s database holding stakes in Verizon Communications Inc. (NYSE: VZ) increased to 59 from 56 in the previous quarter. The combined value of these stakes reached over $1.3 billion.

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