5 Best Mid-Cap Dividend Stocks To Buy Now

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In this article, we discuss 5 best mid-cap 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 12 Best Mid-Cap Dividend Stocks To Buy Now

5. Ryder System, Inc. (NYSE:R)

Number of Hedge Fund Holders: 26
Market Cap as of October 26: $4.26 billion

Ryder System, Inc. (NYSE:R) is an American transportation and logistics company that provides various services to businesses and organizations. On October 12, the company declared a quarterly dividend of $0.71 per share, having raised it by 14.5% in July this year. The company has been paying regular dividends to shareholders for 47 consecutive years and also maintains an 18-year streak of consistent dividend growth. With a dividend yield of 3.05%, as of October 26, R is one of the best dividend stocks on our list.

At the end of Q2 2023, 26 hedge funds in Insider Monkey’s database reported having investments in Ryder System, Inc. (NYSE:R), up from 23 a quarter earlier. The stakes owned by these hedge funds have a total value of nearly $550 million.

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