5 Best NASDAQ Dividend Stocks To Buy

In this article, we discuss 5 best NASDAQ dividend stocks to buy. If you want to read our detailed analysis of NASDAQ stocks and the performance of dividend stocks over the years, go directly to read 15 Best NASDAQ Dividend Stocks To Buy. 

5. Applied Materials, Inc. (NASDAQ:AMAT)

Number of Hedge Fund Holders: 70

Applied Materials, Inc. (NASDAQ:AMAT) is a global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. On February 20, the company declared a quarterly dividend of $0.32 per share, which was in line with its previous dividend. Overall, it has raised its payouts for six consecutive years. As of March 10, the stock has a dividend yield of 0.62%.

The number of hedge funds in Insider Monkey’s database owning stakes in Applied Materials, Inc. (NASDAQ:AMAT) grew to 70 in Q4 2023, from 68 in the previous quarter. These stakes have a collective value of over $6 billion.