5 Best April Dividend Stocks To Invest In

3. CVS Health Corporation (NYSE:CVS)

Ex-Dividend Date: April 19

CVS Health Corporation (NYSE:CVS) is next on our list of the best dividend stocks that will be trading ex-dividend in April. The diversified healthcare company offers a quarterly dividend of $0.665 per share and has a dividend yield of 3.34%, as of March 28. The company’s cash flow generation remained strong in FY23, as its operating cash flow for the period came in at $13.4 billion. Moreover, it returned approximately $3.1 billion to shareholders through dividends in FY23.

CVS Health Corporation (NYSE:CVS) was a part of 67 hedge fund portfolios at the end of Q4 2023, up from 64 in the previous quarter, according to Insider Monkey’s database. The stakes held by these hedge funds have a total value of over $2.36 billion. Among these hedge funds, Marshall Wace LLP was the company’s leading stakeholder in Q4.

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