Top 5 Dividend Stocks To Buy According to Billionaires

2. AbbVie Inc. (NYSE:ABBV)

Number of Billionaire Investors: 18
Dividend Yield as of December 10: 4.15%

AbbVie Inc. (NYSE:ABBV) specializes in the development and marketing of drugs for various therapeutic areas, with a particular emphasis on immunology and oncology. The company maintains an impressive 51-year track record of consistent dividend growth and offers a quarterly dividend of $1.55 per share. As of December 10, the stock has a dividend yield of 4.15%.

18 billionaires in our database, including Ken Griffin and Israel Englander, owned stakes in AbbVie Inc. (NYSE:ABBV) in Q3 2023. In addition to this, 73 hedge funds owned investments in the company at the end of the quarter, worth collectively over $3.2 billion.

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