5 Most Popular Dividend Stocks Among Hedge Funds

3. AbbVie Inc. (NYSE:ABBV)

Number of Hedge Fund Holders: 81

Dividend Yield: 4.6%

Number of Years of Dividend Growth: 8

AbbVie Inc. (NYSE:ABBV) is a biotech company that sells pharmaceuticals globally.

JPMorgan’s Chris Scott reiterated an Overweight rating and a $140 price target on AbbVie Inc. (NYSE:ABBV) shares this December.

The company’s consistently positive financial performance was cemented in the fiscal third quarter of 2021 when it showed an EPS of $3.33, beating estimates by $0.11, and a revenue of $14.34 billion, also beating estimates by $43.28 million. AbbVie Inc. (NYSE:ABBV) has gained 8.16% in the past six months.