5 Best Healthcare Dividend Stocks To Buy Now

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

Number of Hedge Fund Holders: 85

Merck & Co., Inc. (NYSE:MRK) is an American pharmaceutical company renowned for its contributions to healthcare and research. The company declared a quarterly dividend of $0.77 per share on November 28, having raised it by 5.5%. Through this increase, the company took its dividend growth streak to 12 years, which makes MRK one of the best dividend stocks on our list. As of December 5, the stock has a dividend yield of 2.93%.

The number of hedge funds tracked by Insider Monkey reported having stakes in Merck & Co., Inc. (NYSE:MRK) grew to 85 in Q3 2023, from 78 in the previous quarter. The collective value of these stakes is over $5.06 billion. Among these hedge funds, Fisher Asset Management was the company’s leading stakeholder in Q3.

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