5 Safe Dividend Stocks to Invest In

4. Walgreens Boots Alliance Inc. (NASDAQ:WBA)

Number of Hedge Fund Holders: 37

Dividend Yield: 4.2%

Walgreens Boots Alliance Inc (NASDAQ:WBA) is a global leader in retail pharmacy. It provides customers with medical assistance as well as medicines for them to cure their illnesses. With a dividend yield of 4.2%, Walgreens Boots Alliance Inc (NASDAQ:WBA) is among the safe dividend stocks to invest in.

Considering the earning history of Walgreens Boots Alliance Inc (NASDAQ:WBA), its EPS in the fourth fiscal quarter of 2021 was $1.17, beating estimates by $0.15. The revenue for this quarter was $34.26 billion, beating estimates by $869.13 million. Walgreens Boots Alliance Inc (NASDAQ:WBA) gained 10.87% year to date and 17.69% in the past year.

Out of 867, 37 hedge funds held stakes in Walgreens Boots Alliance Inc (NASDAQ:WBA) in the third quarter, worth $850 million.