5 Best NASDAQ Dividend Stocks To Buy

3. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 91

Broadcom Inc. (NASDAQ:AVGO) is next on our list of the best dividend stocks. The multinational tech company currently offers a quarterly dividend of $5.25 per share for a dividend yield of 1.60%, as of March 10. The company holds a 13-year track record of consistent dividend growth.

According to Insider Monkey’s database of Q4 2023, 91 hedge funds owned stakes in Broadcom Inc. (NASDAQ:AVGO), growing from 87 in the previous quarter. These stakes have a consolidated value of more than $8.8 billion.

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