Dividend Aristocrats List: Top 10 Among Billionaires

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6. AbbVie Inc. (NYSE:ABBV)

Number of Billionaire Investors: 18
Number of Hedge Fund Holders: 73

An American multinational pharmaceutical company, AbbVie Inc. (NYSE:ABBV) is next on our list of the best dividend aristocrat stocks among billionaires. The company has raised its payouts for 51 consecutive years and it offers a quarterly dividend of $1.55 per share. ABBV has a dividend yield of 4.24%, as recorded on December 6.

As per Insider Monkey’s database of Q3 2023, 73 hedge funds owned stakes in AbbVie Inc. (NYSE:ABBV), compared with 74 in the previous quarter. The consolidated value of these stakes is over $3.2 billion. In addition to this, the company was also popular among billionaires, including Israel Englander and D. E. Shaw.

Follow Abbvie Inc. (NYSE:ABBV)

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