10 Undervalued Dividend Aristocrats To Buy According to Analysts

Page 8 of 10

3. Abbott Laboratories (NYSE:ABT)

Average Analyst Rating Score: 2
P/E Ratio as of March 16: 34.8

Abbott Laboratories (NYSE:ABT) is a global healthcare company that is committed to advancing healthcare through innovation, research, and the development of products and services that address unmet medical needs and improve patient outcomes. The company offers a quarterly dividend of $0.55 per share and has a dividend yield of 1.90%, as of March 16. With a dividend growth streak of 52 years, ABT is one of the best dividend aristocrat stocks on our list.

As of the end of the December quarter of 2023, 64 hedge funds tracked by Insider Monkey reported having stakes in Abbott Laboratories (NYSE:ABT), down from 69 in the previous quarter. These stakes have a consolidated value of nearly $2.5 billion.

Follow Abbott Laboratories (NYSE:ABT)

Page 8 of 10