5 Best FTSE Dividend Stocks To Buy Now

3. GSK plc (NYSE:GSK)

Number of Hedge Fund Holders: 34

Dividend Yield as of October 14: 5.93%

GSK plc (NYSE:GSK) is headquartered in Brentford, the United Kingdom, and the company is engaged in the development, manufacture, and marketing of pharmaceutical products, vaccines, over-the-counter medicines, and health-based consumer products in the United Kingdom, the United States, and internationally. It operates through four segments – Pharmaceuticals, Pharmaceuticals R&D, Vaccines, and Consumer Healthcare. On August 17, GSK plc (NYSE:GSK) declared a $0.3908 per share quarterly dividend. The dividend was paid on October 6. GSK plc (NYSE:GSK)’s dividend yield on October 14 came in at 5.93%. 

On October 13, Barclays analyst Emily Field maintained an Equal Weight rating on GSK plc (NYSE:GSK) but trimmed the price target on the shares to 1,450 GBp from 1,800 GBp.

According to Insider Monkey’s second quarter database, 34 hedge funds were long GSK plc (NYSE:GSK), compared to 33 funds in the earlier quarter. Ken Fisher’s Fisher Asset Management featured as the leading stakeholder of the company, with 19.5 million shares worth $851.80 million.