5 Best Beaten Down Dividend Stocks to Buy

3. Baxter International Inc. (NYSE:BAX)

Number of Hedge Fund Holders: 58
1-Year Share Price Decline as of October 18: 42.05%

Baxter International Inc. (NYSE:BAX) is an Illinois-based healthcare company that specializes in providing a wide range of products and services in the field of medical technology and pharmaceuticals. The company offers a quarterly dividend of $0.29 per share and has a dividend yield of 3.62%, as recorded on October 18. It has raised its dividends for five consecutive years.

The number of hedge funds tracked by Insider Monkey owning stakes in Baxter International Inc. (NYSE:BAX) grew to 58 in Q2 2023, from 55 in the previous quarter. The total value of these stakes is over $2.38 billion.

Follow Baxter International Inc (NYSE:BAX)