5 Best December Dividend Stocks To Buy

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In this article, we discuss 5 best December dividend stocks to buy now. If you want to read our detailed analysis of dividend stocks, their performance, and dividend capture strategy, go directly to read 11 Best December Dividend Stocks To Buy

5. Best Buy Co., Inc. (NYSE:BBY)

Ex-Dividend Date: December 11

Best Buy Co., Inc. (NYSE:BBY) is a Minnesota-based leading retailer specializing in consumer electronics, technology products, and services. The company declared a quarterly dividend of $0.92 per share on November 21, which fell in line with its previous dividend. Overall, it holds a 10-year streak of consistent dividend growth, which makes BBY one of the best dividend stocks on our list. The stock will be trading ex-dividend on December 11 and has a dividend yield of 5.20%, as of November 29.

At the end of Q3 2023, 28 hedge funds tracked by Insider Monkey reported having stakes in Best Buy Co., Inc. (NYSE:BBY), compared with 31 in the previous quarter. The total value of these stakes is over $311.8 million.

Follow Best Buy Co Inc (NYSE:BBY)

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