5 Best Pharma Dividend Stocks To Buy in 2024

4. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Holders: 79

Pfizer Inc. (NYSE:PFE) is a multinational pharmaceutical company that is primarily engaged in the research, development, manufacturing, and marketing of prescription drugs, vaccines, and consumer healthcare products. The company’s dividend growth streak currently stands at 14 years and it offers a quarterly dividend of $0.42 per share. As of March 4, the stock has a dividend yield of 6.49%.

Pfizer Inc. (NYSE:PFE) ended the fourth quarter with 79 hedge fund positions, growing from 73 in the previous quarter, according to Insider Monkey’s database. The stakes owned by these hedge funds have a total value of over $2.2 billion.

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