5 Best Dividend Stocks with Upside Potential

4. AbbVie Inc. (NYSE:ABBV)

Upside Potential as of November 17: 21.6%

AbbVie Inc. (NYSE:ABBV) is a multinational biopharmaceutical company that focuses on discovering, developing, and commercializing innovative therapies and pharmaceutical products. The company’s dividend growth streak currently stands at 51 years, which makes ABBV one of the best dividend stocks on our list. It currently pays a quarterly dividend of $1.55 per share and has a dividend yield of 4.49%, as of November 17.

As of the end of Q2 2023, 74 hedge funds in Insider Monkey’s database reported having stakes in AbbVie Inc. (NYSE:ABBV), compared with 75 in the previous quarter. The overall value of these stakes is over $2.37 billion. Among these hedge funds, Citadel Investment Group was the company’s leading stakeholder in Q2.

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