5 Best Dividend Stocks to Buy Now

2. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 65

Dividend Yield: 4.68%

Based in Santa Clara, California, Intel Corporation (NASDAQ:INTC) is a multinational corporation that specializes in cloud computing and manufacturing semiconductor chips. In terms of revenue, it is the biggest producer of semiconductor chips in the world. As of September 2022, it had a dividend yield of 4.68% and paid a quarterly dividend of $0.365 per share.

At the end of Q2 2022, 65 hedge funds tracked by Insider Monkey were bullish on Intel Corporation (NASDAQ:INTC). These stakes are collectively valued at around $2.53 billion.

Although its stock is lower by almost 40% YTD, Intel Corporation (NASDAQ:INTC) is investing tens of billions into new factories and R&D to regain market share.