5 Cash-Rich Dividend Stocks To Buy Now

4. McDonald’s Corporation (NYSE:MCD)

Number of Hedge Fund Holders: 68
Operating Cash Flow (TTM): $8.73 billion

An American fast-food chain, McDonald’s Corporation (NYSE:MCD) is next on our list of the best cash-rich stocks to buy. In October this year, the company increased its dividend for the 47th consecutive year. It currently pays a quarterly dividend of $1.67 per share and has a dividend yield of 2.56%, as of October 31.

The number of hedge funds in Insider Monkey’s database owning stakes in McDonald’s Corporation (NYSE:MCD) jumped to 68 in Q2 2023, from 64 in the previous quarter. The collective value of these stakes is over $4.25 billion.

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