5 Most Profitable Dividend Stocks To Invest In

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1. JPMorgan Chase & Co. (NYSE:JPM)

Latest TTM Net Income: $48.5 billion

JPMorgan Chase & Co. (NYSE:JPM) tops our list of the most profitable dividend stocks to invest in. The multinational investment banking company offers a quarterly dividend of $1.15 per share, having raised it by 10% in March this year. In the first quarter of 2024, it returned approximately $3.3 billion to shareholders through dividends. The stock’s dividend yield on April 27 came in at 2.38%.

At the end of Q4 2023, 103 hedge funds tracked by Insider Monkey reported having stakes in JPMorgan Chase & Co. (NYSE:JPM), compared with 109 in the previous quarter. The overall value of these stakes is over $9 billion.

Follow Jpmorgan Chase & Co (NYSE:JPM)

You can also take a look at 10 Best Technology Dividend Aristocrats to Buy and 15 Best Cheap Stocks To Buy For 2024

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