5 Highest Yielding Dow Jones Dividend Stocks

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In this article, we discuss 5 highest yielding Dow Jones dividend stocks. If you want to read our detailed analysis of dividend stocks and their performance in the past, go directly to read 12 Highest Yielding Dow Jones Dividend Stocks

5. International Business Machines Corporation (NYSE:IBM)

Dividend Yield as of July 19: 4.91%

International Business Machines Corporation (NYSE:IBM) is an American multinational tech company that offers a diverse range of products and services in the information technology (IT) industry. In the first quarter of 2023, the company posted revenue of $14.3 billion, up 0.7% from the same period last year. Its free cash flow and operating cash flow also grew to $1.3 billion and $3.8 billion, respectively.

International Business Machines Corporation (NYSE:IBM), one of the best dividend stocks, has been growing its dividends consistently for the past 28 years. The company currently pays a quarterly dividend of $1.66 per share and has a dividend yield of 4.91%, as of July 19.

In Q1 2023, International Business Machines Corporation (NYSE:IBM) saw a favorable sentiment among hedge funds. According to Insider Monkey’s database, 49 funds owned investments in the company during Q1, an increase from 43 funds in the previous quarter. The total value of these investments is over $1.47 billion.

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