5 Best High Dividend Stocks Under $100

2. Verizon Communications Inc. (NYSE:VZ)

Number of Hedge Fund Holders: 63
Dividend Yield as of March 19: 6.65%
Share Price as of March 19: $40

Verizon Communications Inc. (NYSE:VZ) is an American multinational telecommunications company that operates primarily in the fields of wireless communication, broadband, and digital media. The company declared a quarterly dividend of $0.665 per share on February 29, which was consistent with its previous dividend. Overall, it has been reading shareholders with growing dividends for the past 17 consecutive years, which makes it one of the best dividend stocks on our list. The stock’s dividend yield came in at 6.65% on March 19.

Verizon Communications Inc. (NYSE:VZ) was included in 63 hedge fund portfolios at the end of Q4 2023, up from 61 in the previous quarter, as per Insider Monkey’s database. The stakes owned by these hedge funds have a total value of over $2.6 billion.