5 Best High-Dividend Stocks to Buy Now

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In this article, we discuss 5 best high-dividend stocks to buy now. If you want to read our detailed analysis of dividend stocks and their performance in the past, go directly to read 11 Best High-Dividend Stocks to Buy Now

5. Medifast, Inc. (NYSE:MED)

Dividend Yield as of November 14: 10.07%

Medifast, Inc. (NYSE:MED) is a Maryland-based company in the health and wellness industry, specifically specializing in weight management and wellness products. The company currently pays a quarterly dividend of $1.65 per share, having raised it by 0.6% earlier this year. This marked the company’s eighth consecutive year of dividend growth, which makes MED one of the best dividend stocks on our list. The stock’s dividend yield came in at 10.07%, as of November 14.

At the end of Q2 2023, 18 hedge funds tracked by Insider Monkey owned stakes in Medifast, Inc. (NYSE:MED), down from 22 in the previous quarter. The total value of these stakes is over $80.4 million.

Follow Medifast Inc (NYSE:MED)

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