10 Best Stocks For Dividends

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In this article, we discuss 10 best stocks for dividends. If you want to read our detailed analysis of dividend stocks and their previous performance, go directly to read 26 Best Stocks For Dividends

10. Lockheed Martin Corporation (NYSE:LMT)

Number of Hedge Fund Holders: 60

Lockheed Martin Corporation (NYSE:LMT) is a global aerospace, defense, and security company that operates in various segments of the defense and aerospace industry. The company offers a quarterly dividend of $3.15 per share, having raised it by 5% in October this year. This increase took the company’s dividend growth to 21 years, which makes LMT one of the best stocks for dividends. The stock has a dividend yield of 2.85%, as of December 21.

At the end of Q3 2023, 60 hedge funds tracked by Insider Monkey owned stakes in Lockheed Martin Corporation (NYSE:LMT), up from 52 in the preceding quarter. The consolidated value of these stakes is over $1.64 billion.

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