5 Very High Yield Dividend Stocks With Upside Potential

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

Number of Hedge Fund Holders: 31
Upside Potential as of November 28: 32.07%

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is next on our list of the best dividend stocks with upside potential. The global pharmaceutical and well-being company has raised its dividends for 47 years in a row and it currently offers a quarterly dividend of $0.48 per share. As of November 28, the stock has a dividend yield of 9.64%.

As of the close of Q3 2023, 31 hedge funds in Insider Monkey’s database reported having stakes in Walgreens Boots Alliance, Inc. (NASDAQ:WBA), compared with 34 in the previous quarter. These stakes are collectively valued at nearly $460 million.

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