10 Undervalued Dividend Aristocrats To Buy According to Analysts

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1. Walmart Inc. (NYSE:WMT)

Average Analyst Rating Score: 1.8
P/E Ratio as of March 16: 31.7

Walmart Inc. (NYSE:WMT) tops our list of the best dividend aristocrat stocks. The multinational retail corporation increased its dividend by 9% on February 20 after adjusting for a stock split, resulting in a new quarterly dividend payout of $0.2075 per share. As of March 16, the stock has a dividend yield of 1.37%.

The number of hedge funds in Insider Monkey’s database owning stakes in Walmart Inc. (NYSE:WMT) grew to 85 in Q4 2023, from 80 in the previous quarter. These stakes have a total value of over $6.24 billion. Among these hedge funds, Fisher Asset Management was the company’s leading stakeholder in Q4.

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You can also take a look at 10 Cheap Clean Energy Stocks To Buy According to Wall Street Analysts and 11 Most Undervalued Cybersecurity Stocks To Buy According To Analysts

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