5 Best Dow Dividend Stocks to Double Your Income

In this article we will be taking a look at the 5 best Dow dividend stocks to double your income. To read our detailed analysis of the Dow Jones index and its dividend stocks, you can go directly to see the 10 Best Dow Dividend Stocks to Double Your Income.

5. Merck & Co., Inc. (NYSE:MRK)

Number of Hedge Fund Holders: 80

Dividend Yield: 3.6%

Merck & Co., Inc. (NYSE:MRK) is another healthcare company on our list of the best Dow dividend stocks to double your income. The company offers human and animal health pharmaceutical products and has grown its dividend for the past 12 years, making it a safe dividend stock pick.

JPMorgan analyst Chris Schott holds an Overweight rating on shares of Merck & Co., Inc. (NYSE:MRK) as of this January.

Merck & Co., Inc.’s (NYSE:MRK) earnings history shows an EPS of $1.80, beating estimates by $0.3, in the fiscal fourth quarter of 2021. Its revenue was $13.5 billion, also beating estimates by $308.8 million.

In the fourth quarter of 2021, 80 hedge funds were long Merck & Co., Inc. (NYSE:MRK). Their total stake value was $3.8 billion.