5 Best Financial Sector Dividend Stocks To Invest In

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

Number of Hedge Fund Holders: 103

JPMorgan Chase & Co. (NYSE:JPM) has always remained committed to its shareholders as the company returned $3.3 billion to investors through dividends in the first quarter of 2024. The multinational investment banking company offers a quarterly dividend of $1.15 per share and has a dividend yield of 2.41%, as recorded on May 4.

At the end of Q4 2023, 103 hedge funds tracked by Insider Monkey held stakes in JPMorgan Chase & Co. (NYSE:JPM), down from 109 in the preceding quarter. These stakes have a collective value of over $9 billion. Among these hedge funds, Fisher Asset Management was the company’s leading stakeholder in Q4.

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