5 Best Annual Dividend Stocks To Buy Now

4. Sanofi (NASDAQ:SNY)

Dividend Yield as of January 30: 3.78%

Sanofi (NASDAQ:SNY) is a global pharmaceutical company headquartered in Paris, France. The company is a major player in the healthcare industry and is engaged in various aspects of pharmaceutical research, development, manufacturing, and commercialization. It is one of the best annual dividend stocks on our list as the company maintains a 29-year streak of consistent dividend growth. It currently pays an annual dividend of €3.56 and has a dividend yield of 3.78%, as of January 30.

At the end of the third quarter of 2023, 29 hedge funds in Insider Monkey’s database owned stakes in Sanofi (NASDAQ:SNY), compared with 30 in the preceding quarter. The total value of these stakes is over $1.18 billion.

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