5 Best High-Dividend Stocks to Buy Right Now

3. Bristol-Myers Squibb Company (NYSE:BMY)

Number of Hedge Fund Holders: 60
Dividend Yield as of March 12: 4.42%

An American multinational biopharmaceutical company, Bristol-Myers Squibb Company (NYSE:BMY) is next on our list of the best dividend stocks with high yields. The company has been growing its dividends for the past 18 years and offers a quarterly dividend of $0.60 per share. As of March 12, the stock has a dividend yield of 4.42%.

As per Insider Monkey’s database of Q4 2023, 60 hedge funds owned stakes in Bristol-Myers Squibb Company (NYSE:BMY), compared with 65 in the previous quarter. These stakes have a consolidated value of nearly $2 billion.

Follow Bristol Myers Squibb Co (NYSE:BMY)