5 Best October Dividend Stocks To Buy

Page 1 of 5

In this article, we discuss 5 best October dividend stocks to buy now. If you want to read our detailed analysis of dividend stocks and the dividend capture strategy, go directly to read 10 Best October Dividend Stocks To Buy

5. Abbott Laboratories (NYSE:ABT)

Ex-Dividend Date: October 12

Abbott Laboratories (NYSE:ABT) is a diversified global healthcare company that operates in various sectors of the healthcare industry. The company currently pays a quarterly dividend of $0.51 per share and has a dividend yield of 2.13%, as of October 4. It is one of the best dividend stocks on our list as the company has raised its dividends for 51 years straight.

At the end of Q2 2023, 62 hedge funds in Insider Monkey’s database reported having stakes in Abbott Laboratories (NYSE:ABT), compared with 70 in the previous quarter. The collective value of these stakes is over $1.18 billion. With over 5 million shares, Diamond Hill Capital was the company’s leading stakeholder in Q2.

Follow Abbott Laboratories (NYSE:ABT)

Page 1 of 5