5 Best Dividend Stocks Paying Over 6%

3. AT&T Inc. (NYSE:T)

Number of Hedge Fund Holders: 52
Dividend Yield as of November 23: 6.86%

AT&T Inc. (NYSE:T) is next on our list of the best dividend stocks with yields above 6%. The multinational telecommunications company offers a quarterly dividend of $0.2775 per share and has a dividend yield of 6.86%, as of November 23. In the third quarter of 2023, the company reported a strong cash position, generating over $10.3 billion in operating cash flow.

AT&T Inc. (NYSE:T) was a part of 52 hedge fund portfolios at the end of Q3 2023, as per Insider Monkey’s database. The collective value of stakes owned by these hedge funds is over $1.74 billion.

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