5 ESG Dividend Stocks to Buy

3. Amgen, Inc. (NASDAQ:AMGN)

Number of Hedge Fund Holders: 52

Dividend Yield: 3.3%

ESG Score: 60

Amgen, Inc. (NASDAQ:AMGN) is a biotech company. It works to discover, develop, manufacture, and deliver human therapeutics across the globe. The company’s ESG score according to S&P Global is 60, making it one of the most renowned ESG dividend stocks to buy.

In December, Mohit Bansal, an analyst at Wells Fargo, initiated coverage of Amgen, Inc. (NASDAQ:AMGN) shares with an Equal Weight rating.

In the third quarter, 52 hedge funds held stakes in Amgen, Inc. (NASDAQ:AMGN) worth $1.4 billion. In the second quarter, 53 hedge funds held stakes in the stock worth $1.7 billion.

Saturna Capital, an investment management firm, mentioned Amgen, Inc. (NASDAQ:AMGN) in its third-quarter 2021 investor letter. Here’s what they said:

“Amgen has been on the bubble, but stands as a prodigious generator of cash, pays an attractive dividend yield, and its growth prospects appear to be improving. Valuation is also attractive, especially considering it features one of the cleaner profit and loss statements in terms of comparing earnings under Generally Accepted Accounting Principles (GAAP) to non-GAAP earnings. The latter often exists to flatter the company’s outlook.”