5 Dividend Stocks with the Biggest Buyback Programs

In this article, we discuss 5 dividend stocks with the biggest buyback programs. If you want to read our detailed analysis of buyback programs and dividend stocks, go directly to read 10 Dividend Stocks with the Biggest Buyback Programs. 

5. Visa Inc. (NYSE:V)

Stock Buybacks in 12 Months Through September 2023: $12.2 Billion

Visa Inc. (NYSE:V) is an American financial services company that operates one of the world’s largest electronic payment networks. The company pays a quarterly dividend of $0.52 per share and has a dividend yield of 0.76%, as of January 24. It has been rewarding shareholders with 15 consecutive years of dividend growth. With $12.2 billion worth of share buybacks in the 12 months ending September 2023, V is one of the best dividend stocks with the biggest buyback programs on our list.

At the end of the September quarter of 2023, 167 hedge funds in Insider Monkey’s database owned stakes in Visa Inc. (NYSE:V), down slightly from 171 in the previous quarter. These stakes have a consolidated value of more than $24.4 billion. Among these hedge funds, TCI Fund Management was the company’s leading stakeholder in Q3.