5 NASDAQ-100 Stocks that Pay Dividends

4. AstraZeneca PLC (NASDAQ:AZN)

Number of Hedge Fund Holders: 42

Dividend Yield as of April 25: 2.19%

AstraZeneca PLC (NASDAQ:AZN) is a British-Swedish multinational pharmaceutical and biotech company that develops and commercializes treatments for multiple therapeutic areas such as oncology, cardiovascular, gastrointestinal, infection, neurology, respiratory, and inflammation.

On February 10, AstraZeneca PLC (NASDAQ:AZN) declared a second interim dividend of $1.97 per share, resulting in a full-year dividend per share of $2.87. The dividend was distributed to shareholders on March 28. AstraZeneca PLC (NASDAQ:AZN)’s yield on April 25 came in at 2.19%. 

Morgan Stanley analyst Mark Purcell maintained an Overweight rating on AstraZeneca PLC (NASDAQ:AZN) and raised the firm’s price target on the shares to 11,100 GBp from 10,200 GBp on April 21. 

According to the fourth quarter database of Insider Monkey, 42 hedge funds were bullish on AstraZeneca PLC (NASDAQ:AZN), collectively holding stakes amounting to $3.8 billion. Rajiv Jain’s GQG Partners is a significant shareholder of the company, with a position worth $1.13 billion.