5 Stocks to Buy with Steady Dividends

In this article, we discuss 5 stocks to buy with steady dividends. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read 15 Stocks to Buy with Steady Dividends.

5. PepsiCo, Inc. (NASDAQ:PEP)

Upside Potential as of September 4: 16.6%
Dividend Yield as of September 4: 2.89%
Number of Hedge Fund Holders: 68

PepsiCo, Inc. (NASDAQ:PEP) is an American multinational food and beverage company that also specializes in other consumer goods products. The company maintains a 51-year streak of dividend growth, which makes it one of the best stocks with steady dividends. It currently pays a quarterly dividend of $1.265 per share and has a dividend yield of 2.89%, as of September 4.

At the end of Q2 2023, 68 hedge funds tracked by Insider Monkey reported having stakes in PepsiCo, Inc. (NASDAQ:PEP), down from 70 in the previous quarter. The total value of these stakes is over $3.5 billion.

4. Chevron Corporation (NYSE:CVX)

Upside Potential as of September 4: 16.8%
Dividend Yield as of September 4: 3.68%
Number of Hedge Fund Holders: 73

Chevron Corporation (NYSE:CVX) is next on our list of stocks with steady dividends. The energy company stretched its dividend growth streak to 36 years in 2023 and currently pays a quarterly dividend of $1.51 per share. The stock’s dividend yield on September 4 came in at 3.68%.

As of the close of Q2 2023, 73 hedge funds in Insider Monkey’s database held stakes in Chevron Corporation (NYSE:CVX), growing from 64 in the previous quarter. The overall value of these stakes is over $21.4 billion. Warren Buffett’s Berkshire Hathaway owned the largest position in the company, worth over $19.3 billion.

3. McDonald’s Corporation (NYSE:MCD)

Upside Potential as of September 4: 18.29%
Dividend Yield as of September 4: 2.16%
Number of Hedge Fund Holders: 68

McDonald’s Corporation (NYSE:MCD), an American multinational fast-food chain, remained popular among hedge funds in Q2 2023, as 68 funds in Insider Monkey’s database owned investments in the company, up from 64 in the previous quarter. The consolidated value of these stakes is over $4.2 billion.

On July 26, McDonald’s Corporation (NYSE:MCD) declared a quarterly dividend of $1.52 per share, consistent with its previous dividend. The company has raised its dividends for 46 consecutive years, which makes it one of the best stocks with steady dividends. As of September 4, the stock has a dividend yield of 2.16%.

2. QUALCOMM Incorporated (NASDAQ:QCOM)

Upside Potential as of September 4: 19.2%
Dividend Yield as of September 4: 2.77%
Number of Hedge Fund Holders: 73

QUALCOMM Incorporated (NASDAQ:QCOM) is a multinational tech company that specializes in wireless communication technologies and mobile computing. The company maintains a 19-year streak of consistent dividend growth and pays a quarterly dividend of $0.80 per share. The stock’s dividend yield on September 4 came in at 2.77%. It is among the best stocks with steady dividends.

The number of hedge funds tracked by Insider Monkey owning stakes in QUALCOMM Incorporated (NASDAQ:QCOM) grew to 73 in Q2 2023, from 69 in the previous quarter. The consolidated value of these stakes is over $2.3 billion. Ken Griffin’s Citadel Investment Group was the company’s leading stakeholder in Q3.

1. Pfizer Inc. (NYSE:PFE)

Upside Potential as of September 4: 28.5%
Dividend Yield as of September 4: 4.58%
Number of Hedge Fund Holders: 73

Pfizer Inc. (NYSE:PFE) tops our list of stocks with steady dividends. The pharmaceutical and biotech company has boosted its dividends for 13 years running. It currently pays a quarterly dividend of $0.41 per share and has a dividend yield of 4.58%, as of September 4.

At the end of June 2023, 73 hedge funds in Insider Monkey’s database presented a bullish outlook on Pfizer Inc. (NYSE:PFE), the same as in the previous quarter. The total value of stakes owned by these hedge funds is over $2.3 billion.

You can also take a look at 16 Best High Volume Stocks To Buy Today and 12 Best High Risk High Reward Stocks To Buy Now

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