5 Best Low-Risk Dividend Stocks To Invest In

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

Number of Hedge Fund Holders: 78
Beta Value: 0.38

Merck & Co., Inc. (NYSE:MRK) is a global pharmaceutical company that is engaged in the research, development, manufacturing, and distribution of a wide range of medications. The company offers a quarterly dividend of $0.73 per share and has a dividend yield of 2.84%, as of October 21. It has been rewarding shareholders with growing dividends for the past 11 years.

As of the end of June 2023, 78 hedge funds owned stakes in Merck & Co., Inc. (NYSE:MRK), up from 75 a quarter earlier. The consolidated value of these stakes is over $2.65 billion. With roughly 3 million shares, AQR Capital Management was the company’s largest stakeholder in Q2.

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