In this article, we will take a look at the 13 Best NASDAQ Dividend Stocks to Buy Now.
In recent years, technology markets, especially those tracked by the NASDAQ Composite Index, have drawn growing attention from investors around the world. Stock prices in this space have climbed sharply, reflecting stronger demand and rising confidence in technology-driven businesses.
This trend became even more visible during the COVID-19 pandemic. Market prices rose at an unusually fast pace and reached record levels. The NASDAQ Composite Index climbed from below 7,000 points shortly after the World Health Organization declared a global pandemic in March 2020 to more than 16,000 points by late 2021.
This surge was supported by stronger business fundamentals. As companies, governments, and consumers relied more on digital tools during the global health crisis, technology firms became more important to everyday operations. Their improved earnings outlook and expanding role in the economy helped justify much of the price growth seen during that period.
In 2025, the technology-heavy Nasdaq Composite index recorded a 21% gain. According to a recent CNBC report, the “Magnificent Seven” that propelled the broader market to record heights in recent years has been flipped on its head this year. The declines come amid a flurry of concerns about these companies’ soaring capital expenditures on artificial intelligence and their ability to meet increasingly high earnings growth expectations.
At the same time, rapid improvements in AI models and rising competition across the industry have added more uncertainty to the market. Investors have also begun to examine these stocks more closely after their strong run-up. This has led to a shift in capital away from high-growth technology names and toward cyclical sectors that many investors believe offer better value.
Although the NASDAQ is widely known for its concentration of technology companies, the index also includes many firms that pay dividends. It is not limited to technology alone, as companies from several other sectors are part of the index as well.
Given this, we will take a look at some of the best NASDAQ dividend stocks.
Photo by Pascal Bernardon on Unsplash
Our Methodology:
For this list, we scanned Insider Monkey’s database of hedge funds as of the third quarter of 2025 and selected companies that are trading on the NASDAQ exchange and also pay dividends to shareholders. From that list, we identified stocks with dividend yields of at 1% as of February 22. Finally, we picked 15 stocks with the highest number of hedge fund investors and ranked them in ascending order of hedge funds’ sentiment toward them.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
13. Thomson Reuters Corporation (NASDAQ:TRI)
Number of Hedge Fund Holders: 32
Dividend Yield as of February 22: 3.15%
On February 17, BofA analyst Curtis Nagle reinstated coverage of Thomson Reuters Corporation (NASDAQ:TRI) with a Neutral rating. The analyst set a $100 price target on the stock. The move came as part of the firm resuming coverage on 19 Information and Business Services companies. The analyst said the firm is “generally constructive” on the sector and expects average growth of 7% in revenue, 12% in EPS, and 11% in free cash flow in 2026.
Earlier, on February 5, Thomson Reuters reported higher fourth-quarter revenue, supported by strength across its legal, tax and accounting, and corporate segments. The results come as investors continue watching how artificial intelligence companies expand into markets that Thomson Reuters has long operated in.
The Toronto-based company also provided an encouraging outlook. It expects full-year 2026 revenue to grow between 7.5% and 8%, which is largely in line with Wall Street expectations. According to LSEG data, analysts are projecting revenue growth of 7.7% for the year. Thomson Reuters also announced a dividend increase, raising its annualized payout by 10% to $2.62 per common share. For the fourth quarter, revenue rose 5% to $2 billion, matching analyst estimates.
Thomson Reuters Corporation (NASDAQ:TRI) operates as a content and technology company. Its Legal Professionals segment serves law firms and government clients, offering research and workflow tools powered by advanced technologies, including generative artificial intelligence.
12. PACCAR Inc (NASDAQ:PCAR)
Number of Hedge Fund Holders: 34
Dividend Yield as of February 22: 1.03%
On February 3, Morgan Stanley raised its price recommendation on PACCAR Inc (NASDAQ:PCAR) to $109 from $102. It reiterated an Equal Weight rating on the shares. The change came as part of the firm’s latest model updates across its North American machinery and construction coverage.
Speaking during the Q4 2025 earnings call, CEO Preston Feight said PACCAR generated $6.8 billion in revenue and $557 million in net income for the quarter. For the full year, the company reported $28.4 billion in revenue and $2.64 billion in adjusted net income. He noted that this ranked as the fourth most profitable year in PACCAR’s history and extended its long track record to 87 consecutive years of profitability.
Feight also pointed to strong performance from the company’s support divisions. PACCAR Parts and PACCAR Financial Services both delivered record revenue, both for the quarter and the full year. He said this reflected steady demand and continued strength in those businesses. He added that PACCAR remained well-positioned despite recent tariff and emissions developments. The Section 232 truck tariff, which took effect on November 1, created an advantage because PACCAR manufactures trucks within the U.S., Canada, and Mexico to serve those markets locally. He said the company ended the year with greater clarity around tariff and emissions policies.
Looking ahead, Feight expects the U.S. and Canadian Class 8 truck market to fall between 230,000 and 270,000 units in 2026. He said economic growth, clearer regulatory conditions, and improving freight trends should support demand. He also highlighted DAF’s continued expansion and the recognition it has received across Europe and South America.
PACCAR Inc (NASDAQ:PCAR) is a global truck manufacturer. The company designs, builds, and supports premium light-, medium-, and heavy-duty trucks under the Kenworth, Peterbilt, and DAF brands.
