Top 10 Dividend Stocks of 2023

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 300
Year-to-Date Returns as of October 2: 30.8%

Microsoft Corporation (NASDAQ:MSFT) is next on our list of the best dividend stocks of 2023. The multinational tech giant’s dividend growth track record stands at 17 years. It offers a quarterly dividend of $0.75 per share, having raised it by 10% in September this year. The stock’s dividend yield on October 2 came in at 0.96%.

Of the 910 hedge funds tracked by Insider Monkey at the end of Q2 2023, 300 funds owned stakes in Microsoft Corporation (NASDAQ:MSFT), worth collectively nearly $70 billion. With roughly 40 million shares, Bill & Melinda Gates Foundation Trust was the company’s leading stakeholder in Q2.

You can also take a look at Analysts on Wall Street Lower Ratings for These 10 Stocks and 12 Best Specialty Chemical Stocks To Buy Now

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