5 Best Blue Chip Dividend Stocks To Buy

4. JPMorgan Chase & Co. (NYSE:JPM)

Number of Hedge Fund Holders: 109
Market Cap as of January 25: $490.4 billion

An American financial services and banking company, JPMorgan Chase & Co. (NYSE:JPM) is next on our list of the best dividend stocks. The company’s quarterly dividend comes in at $1.05 per share and the stock offers a dividend yield of 2.46%, as of January 25. It distributed $3.1 billion worth of dividends to shareholders in the fourth quarter of 2023.

With a collective value of over $6.6 billion, 109 hedge funds in Insider Monkey’s database held positions in JPMorgan Chase & Co. (NYSE:JPM) in the third quarter of 2023. In comparison, 106 funds owned stakes in the company in the previous quarter.

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