5 Best Beverage Dividend Stocks To Buy Now

2. McDonald’s Corporation (NYSE:MCD)

Number of Hedge Fund Holders: 63

An American multinational fast-food chain, McDonald’s Corporation (NYSE:MCD) also specializes in a wide range of beverages and other drinks. The company pays a quarterly dividend of $0.67 per share and has a dividend yield of 2.50%, as of April 13. With a dividend growth streak of 47 years, MCD is one of the best beverage dividend stocks on our list.

At the end of Q4 2023, 63 hedge funds held stakes in McDonald’s Corporation (NYSE:MCD), compared with 70 in the previous quarter, as per Insider Monkey’s database. The consolidated worth of these stakes is over $2.09 billion. Ken Giffin’s Citadel Investment Group was the company’s leading stakeholder in Q4.

Follow Mcdonalds Corp (NYSE:MCD)