5 Best S&P 500 Dividend Stocks To Buy

4. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 134

Apple Inc. (NASDAQ:AAPL) is next on our list of the best dividend stocks from the S&P 500. The American multinational tech giant declared a quarterly dividend of $0.24 per share on November 2, which was in line with its previous dividend. The company maintains an 11-year streak of consistent dividend growth. The stock has a dividend yield of 0.50%, as of December 6.

At the end of Q3 2023, 134 hedge funds in Insider Monkey’s database owned stakes in Apple Inc. (NASDAQ:AAPL), compared with 135 in the previous quarter. These stakes are collectively valued at roughly $180 billion.

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