Top 5 Dividend Stocks To Buy Now According To Analysts

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In this article, we discuss top 5 dividend stocks to buy now according to analysts. If you want to read our detailed analysis of dividend stocks and their previous performance, go directly to read Top 12 Dividend Stocks To Buy Now According To Analysts

5. Broadcom Inc. (NASDAQ:AVGO)

Upside Potential as of March 31: 18.9%

Broadcom Inc. (NASDAQ:AVGO) is a global technology company that develops and supplies a broad range of semiconductor and infrastructure software solutions. On March 8, the company announced a quarterly dividend of $5.25 per share, which was consistent with its previous dividend. Overall, the company has been rewarding shareholders with growing dividends for the past 13 years, which makes AVGO one of the best dividend stocks on our list. The stock has a dividend yield of 1.58%, as of March 31.

As of the end of Q4 2023, 91 hedge funds in Insider Monkey’s database reported having stakes in Broadcom Inc. (NASDAQ:AVGO), growing from 87 in the previous quarter. These stakes are collectively worth more than $8.8 billion.

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