5 Best Blue Chip Dividend Stocks To Buy

3. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 134
Market Cap as of January 25: $3 trillion

With 3 trillion in market capitalization, Apple Inc. (NASDAQ:AAPL) is one of the best blue chip dividend stocks on our list. The American tech company has been growing its dividends for the past 11 years and offers a quarterly dividend of $0.24 per share. The stock’s dividend yield on January 25 came in at 0.49%.

At the end of September 2023, 134 hedge funds tracked by Insider Monkey reported having stakes in Apple Inc. (NASDAQ:AAPL), down from 135 in the previous quarter. The stakes have a total value of roughly $180 billion. Among these hedge funds, Warren Buffett’s Berkshire Hathaway owned the largest stake in the company.

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