5 Best Non-REIT Dividend Stocks To Invest In

4. Gilead Sciences, Inc. (NASDAQ:GILD)

Number of Hedge Fund Holders: 55
Dividend Yield as of December 13: 3.70%

An American biopharmaceutical company, Gilead Sciences, Inc. (NASDAQ:GILD) is next on our list of the best dividend stocks. The company offers a quarterly dividend of $0.75 per share and has raised its dividends for eight years in a row. As of December 13, the stock has a dividend yield of 3.70%.

Of the 910 hedge funds in Insider Monkey’s database at the end of Q3 2023, 55 funds owned stakes in Gilead Sciences, Inc. (NASDAQ:GILD), compared with 56 in the previous quarter. These stakes have a consolidated value of over $1.38 billion. With over 4.7 million shares, AQR Capital Management was the company’s leading stakeholder in Q3.

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