Top 5 Dividend Stocks To Buy According to Billionaires

3. Pfizer Inc. (NYSE:PFE)

Number of Billionaire Investors: 18
Dividend Yield as of December 10: 5.70%

Pfizer Inc. (NYSE:PFE), an American biotech and pharmaceutical company, has been rewarding shareholders with growing dividends for the past 13 years. The company’s quarterly payout comes in at $0.41 per share and has a dividend yield of 5.70%, as recorded on December 10.

Of the 910 hedge funds in Insider Monkey’s database at the end of Q3 2023, 73 funds owned stakes in Pfizer Inc. (NYSE:PFE), which remained the same as in the previous quarter. These stakes have a consolidated value of more than $2.43 billion. Among billionaires owning stakes in the company, D. E. Shaw and Ken Griffin remained the most prominent ones.

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