5 Best Stocks to Buy for Income

3. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Holders: 73
Dividend Yield as of October 28: 5.45%

Pfizer Inc. (NYSE:PFE) ranks third on our list of the best stocks for income. The multinational pharmaceutical company pays a quarterly dividend of $0.41 per share and has a dividend yield of 5.45%, as recorded on October 28. The company’s dividend growth streak stands at 13 years.

The number of hedge funds tracked by Insider Monkey owning stakes in Pfizer Inc. (NYSE:PFE) stood at 73 in Q2 2023, which was the same as in the previous quarter. These stakes have a total worth of over $1.5 billion. Among these hedge funds, Diamond Hill Capital was the company’s largest shareholder, owning nearly 7 million shares in the company.

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