5 Best FTSE Dividend Stocks To Buy Now

4. BP p.l.c. (NYSE:BP)

Number of Hedge Fund Holders: 27

Dividend Yield as of October 14: 4.71%

BP p.l.c. (NYSE:BP) was founded in 1908 and is headquartered in London, the United Kingdom. BP p.l.c. (NYSE:BP) engages in the energy business worldwide, operating through Gas & Low Carbon Energy, Oil Production & Operations, Customers & Products, and Rosneft segments. BP p.l.c. (NYSE:BP) is one of the premier FTSE dividend stocks. The company delivers a dividend yield of 4.71% as of October 14. 

On October 13, JPMorgan analyst Christian Malek raised the price target on BP p.l.c. (NYSE:BP) to 530 GBp from 520 GBp and maintained a Neutral rating on the shares.

Among the hedge funds tracked by Insider Monkey, 27 funds reported owning stakes worth $1.7 billion in BP p.l.c. (NYSE:BP) at the end of June 2022, compared to 27 funds in the prior quarter worth $1.8 billion. Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital is the largest stakeholder of the company, with 26.5 million shares worth $750.4 million.