5 Best S&P 500 Dividend Stocks To Invest In 2024

4. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 131

Apple Inc. (NASDAQ:AAPL) is next on our list of the best dividend stocks on our list. The multinational tech company has been growing its dividends for the past 11 years and it currently pays a quarterly dividend of $0.24 per share. As of February 26, the stock has a dividend yield of 0.53%.

At the end of December 2023, 131 hedge funds tracked by Insider Monkey held stakes in Apple Inc. (NASDAQ:AAPL), compared with 134 in the preceding quarter. The collective value of these stakes is over $205.8 billion. Among these hedge funds, Berkshire Hathaway was the company’s leading stakeholder in Q4.

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