5 Best Dividend Paying Stocks To Buy Now

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In this article, we discuss 5 best dividend paying stocks to buy now. If you want to read our detailed analysis of dividend stocks and their performance, go directly to read 16 Best Dividend Paying Stocks To Buy Now

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 135

Apple Inc. (NASDAQ:AAPL) ranks fifth on our list of the best dividend stocks to buy now. The multinational tech company has raised its dividends every year since 2012 and it currently pays a quarterly dividend of $0.24 per share. During the quarter, it also returned $24 billion to shareholders through dividends and share repurchases. The stock’s dividend yield on August 25 came in at 0.54%.

At the end of Q2 2023, 135 hedge funds tracked by Insider Monkey reported having stakes in Apple Inc. (NASDAQ:AAPL), growing from 131 in the previous quarter. Warren Buffett, Ken Griffin, and Israel Englander were some of the company’s leading stakeholders in Q2.

Follow Apple Inc. (NASDAQ:AAPL)

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