5 Best American Dividend Stocks To Buy Now

4. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 73

QUALCOMM Incorporated (NASDAQ:QCOM) is a global technology company primarily known for its contributions to the wireless communications industry. On October 13, the company declared a quarterly dividend of $0.80 per share, which was consistent with its previous dividend. The company has raised its dividends for 19 consecutive years. With a dividend yield of 2.68%, as of November 4, QCOM is one of the best dividend stocks on our list.

According to Insider Monkey’s database of Q2 2023, 73 hedge funds owned stakes in QUALCOMM Incorporated (NASDAQ:QCOM), growing from 69 in the previous quarter. The consolidated value of these stakes is over $2.3 billion.

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