5 Best Dividend Stocks with High Upside Potential

4. Zoetis Inc. (NYSE:ZTS)

Upside Potential as of April 15: 51.2%

Zoetis Inc. (NYSE:ZTS) is a global animal health company that discovers a wide range of veterinary medicines and vaccines. The company currently offers a quarterly dividend of $0.432 per share, growing it by 15% in December 2023. Through this increase, the company stretched its dividend growth streak to 12 years, which makes ZTS one of the best dividend stocks on our list. The stock has a dividend yield of 1.15%, as recorded on April 15.

Zoetis Inc. (NYSE:ZTS) was a part of 50 hedge fund portfolios at the end of Q4 2023, compared with 56 in the previous quarter, as per Insider Monkey’s database. The stakes owned by these hedge funds have a total value of over $1.34 billion. With more than 1.4 million shares, Cantillon Capital Management was the company’s leading stakeholder in Q4.

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