Top 10 Dividend Stocks of 2023

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6. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 81
Year-to-Date Returns as of October 2: 10.79%

An American retail corporation, Walmart Inc. (NYSE:WMT) has been growing its dividends for 50 consecutive years. It currently offers a quarterly dividend of $0.57 per share for a dividend yield of 1.43%, as of October 2. It is among the best dividend stocks on our list.

Walmart Inc. (NYSE:WMT) was a part of 81 hedge fund portfolios at the end of Q2 2023, as per Insider Monkey’s database. The stakes owned by these hedge funds have a total value of more than $5.4 billion.

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