10 Best Value Dividend Stocks to Buy According to Billionaires

1. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Billionaire Holders: 19

Forward P/E Ratio as of April 13: 11.98

QUALCOMM Incorporated (NASDAQ:QCOM) is a semiconductor manufacturing company, headquartered in California. The company is a leader in wireless telecommunications technology and is well-positioned to benefit from the growth of AI and edge computing. Its partnerships with major companies like Samsung and Google have helped expand its reach in the mobile and PC sectors.

In the first quarter of fiscal year 2025, QUALCOMM Incorporated (NASDAQ:QCOM) posted strong results with $11.7 billion in revenue, a 17.6% increase from the same period last year. This marked its third consecutive quarter of double-digit revenue growth and set a new quarterly record. The company’s chip segment (QCT) was the main driver, generating $10.1 billion in revenue, a 20% year-over-year increase. Key areas of growth included a 13% rise in smartphone chip sales to $7.6 billion, a 61% surge in automotive revenue to $961 million, and a 36% boost in the Internet of Things (IoT) segment to $1.5 billion.

QUALCOMM Incorporated (NASDAQ:QCOM) ended the quarter with a solid financial position, holding over $3.1 billion in cash and cash equivalents. The company generated nearly $4.6 billion in operating cash flow and returned $942 million to shareholders through dividends. With 21 years of consecutive dividend increases, QUALCOMM remains one of the best value dividend stocks to invest in. The company offers a quarterly dividend of $0.89 per share and has a dividend yield of 2.44%, as of April 13.

Overall, QUALCOMM Incorporated (NASDAQ:QCOM) ranks first on our list of the best value stocks according to billionaires. While we acknowledge the potential of QCOM as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than QCOM but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the dirt cheap dividend stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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