Dividend Stock Portfolio: 5 Stocks To Buy According to Reddit

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In this article, we discuss 5 dividend stocks to buy according to Reddit. If you want to read our detailed analysis of dividend stocks and the role of retail investors in today’s stock market, go directly to read Dividend Stock Portfolio: 5 Stocks To Buy According to Reddit

5. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 74

An American multinational consumer goods company, The Procter & Gamble Company (NYSE:PG) is one of the most reliable stocks to be added to dividend stock portfolios. The company has raised its dividends for 67 years and has a yield of 2.46%, as of September 20. According to retail investors on Reddit, the company has strong fundamentals, balance sheet, and cash flow, which make it appealing to dividend investors.

At the end of Q2 2023, 74 hedge funds in Insider Monkey’s database reported having stakes in The Procter & Gamble Company (NYSE:PG), compared with 75 in the previous quarter. The total value of these stakes is over $5.34 billion.

Follow Procter & Gamble Co (NYSE:PG)

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