5 Best Retail Dividend Stocks to Buy

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In this article, we discuss 5 best retail dividend stocks to buy. If you want to read our detailed analysis of the retail sector and the performance of dividend stocks, go directly to read 10 Best Retail Dividend Stocks to Buy

5. Costco Wholesale Corporation (NASDAQ:COST)

Number of Hedge Fund Holders: 63

Costco Wholesale Corporation (NASDAQ:COST) is a Washington-based retail company that operates a chain of membership-only warehouse clubs. The company is known for offering a wide range of products at discounted prices to its members.

Costco Wholesale Corporation (NASDAQ:COST) is one of the best dividend stocks on our list as it has raised its payouts for 19 years in a row. The company currently pays a quarterly dividend of $1.02 per share and has a dividend yield of 0.74%, as of July 19.

Of the 943 hedge funds tracked by Insider Monkey at the end of Q1 2023, 63 funds owned stakes in Costco Wholesale Corporation (NASDAQ:COST), worth collectively over $1.8 billion. Among these hedge funds, Bridgewater Associates was one of the company’s leading stakeholders in Q1.

Follow Costco Wholesale Corp W (NASDAQ:COST)

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