5 Best Dividend Stocks For 2021

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1. Pfizer Inc. (NYSE: PFE)

Dividend Yield: 4.49%
Number of Hedge Fund Holders: 63

With a dividend yield of 4.4%, Pfizer ranks 1st on the list of 10 best dividend stocks for 2021. Pfizer shares have gained about 20% over the last 12 months.  Pfizer is the primary supplier of the COVID-19 vaccine, which has shown 97% effectiveness against the virus.  The company in 2021 expects to sell about $15 billion worth of COVID-19 vaccines, with a net profit in the range of 20% of this revenue.

According to our database, the number of PFE’s long hedge funds positions decreased at the end of the fourth quarter of 2020. There were 63 hedge funds that hold a position in Pfizer compared to 66 funds in the third quarter. The biggest stakeholder of the company is Kahn Brothers, with 674,718 shares, worth $24.8 billion.

You can also take a peek at Top 10 Car Company Stocks to Invest In and Ray Dalio’s Top 10 Stock Picks for 2021.

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