5 Best Dividend Stocks Paying Over 6%

In this article, we discuss 5 best dividend stocks paying over 6%. If you want to read our detailed analysis of dividend stocks and their performance in the past, go directly to read 12 Best Dividend Stocks Paying Over 6%. 

5. Truist Financial Corporation (NYSE:TFC)

Number of Hedge Fund Holders: 47
Dividend Yield as of November 23: 6.61%

Truist Financial Corporation (NYSE:TFC) is an American financial services company that provides a wide array of banking services, including personal banking and commercial banking solutions. The company currently offers a quarterly dividend of $0.52 per share and has a dividend yield of 6.61%, as of November 23. It holds an eight-year track record of consistent dividend growth, which makes TFC one of the best dividend stocks.

The number of hedge funds in Insider Monkey’s database owning investments in Truist Financial Corporation (NYSE:TFC) grew to 47 in Q3 2023, from 42 in the previous quarter. The collective value of these stakes is over $976.2 million. With over 12.8 million shares, Diamond Hill Capital was the company’s leading stakeholder in Q3.