5 Best Restaurant Dividend Stocks to Buy

4. Yum China Holdings, Inc. (NYSE:YUMC)

Number of Hedge Fund Holders: 35

Yum China Holdings, Inc. (NYSE:YUMC) is a company that operates and licenses various quick-service restaurant (QSR) brands in China. It is a spin-off from Yum! Brands, Inc. The company offers a quarterly dividend of $0.13 per share and has a dividend yield of 0.86%, as recorded on July 13.

In July, Yum China Holdings, Inc. (NYSE:YUMC) announced that KFC China has reached a significant milestone by opening its 500th store in Shanghai. Back in 1989, KFC China started its journey by opening its very first store at the Dongfeng Hotel on the Bund in Shanghai. Since then, the fast-food chain has grown steadily and now celebrates the opening of its 500th location in the city.

As of the close of Q1 2023, 35 hedge funds tracked by Insider Monkey were long Yum China Holdings, Inc. (NYSE:YUMC), up from 34 in the previous quarter. The stakes owned by these hedge funds have a collective value of over $963.5 million.