5 Stocks With Over 30 Years of Dividend Hikes

3. AbbVie Inc. (NYSE:ABBV

Number of Hedge Fund Holders: 82

Dividend Yield: 4.79%

AbbVie Inc. (NYSE:ABBV) is an American biopharmaceutical company that produces innovative medicines, conducts clinical trials, and explores medicine via extensive research. The company has several approved medicines and products, 75% of which are originally formulated by AbbVie Inc. (NYSE:ABBV). 

Beech Hill Partners owns stakes worth $5.97 million in AbbVie Inc. (NYSE:ABBV) as of the end of June. Overall, 82 hedge funds were long AbbVie Inc. (NYSE:ABBV) at the end of Q2, up from 72 in the previous quarter.