5 Best Financial Dividend Stocks To Invest In

3. JPMorgan Chase & Co. (NYSE:JPM)

Number of Hedge Fund Holders: 106

JPMorgan Chase & Co. (NYSE:JPM) is a multinational financial services firm that offers a wide range of banking and financial products and services to individuals, businesses, and institutions. In the second quarter of 2023, the company posted revenue of $41.3 billion, which showed a 34.5% growth from the same period last year. During the quarter, it returned $2.9 billion to shareholders through dividends, which makes it one of the best dividend stocks on our list.

JPMorgan Chase & Co. (NYSE:JPM) currently pays a quarterly dividend of $1 per share and has a dividend yield of 2.73%, as recorded on August 23.

At the end of June 2023, 106 hedge funds in Insider Monkey’s database were bullish on JPMorgan Chase & Co. (NYSE:JPM). The stakes owned by these hedge funds have a collective value of over $4.38 billion.

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