12 52-Week Low Dividend Stocks To Avoid

9. FMC Corporation (NYSE:FMC)

52-week Decline as of March 7: 34.87%

Dividend yield: 5.62%

Number of Hedge Funds: 48

FMC Corporation (NYSE:FMC), located in Pennsylvania, the U.S., is a global agricultural sciences company. The company specializes in providing crop protection solutions, including herbicides, insecticides, and fungicides. It has an international presence, including India, where the company is a leader in crop protection solutions. With solutions like the Arc™ farm intelligence platform, the company offers help to monitor pests and optimize operations.

FMC Corporation (NYSE:FMC)’s stock reached a 52-week low of $33.80 and was trading at $41.29, reflecting a 34.87% decline over the past 52 weeks. The headwinds faced by the market because of low demand for agricultural products caused the company’s revenue to decline by 5%. The Chairman and CEO of the company, Pierre Brondeau, made the following statement after the stocks plunged to a 52-week low.

“…customers in many countries sought to hold significantly less inventory than they have historically. This dynamic and more pronounced FX impacts acted as a headwind to further growth.”

The institutional confidence appears mixed with 48 hedge funds still holding positions in FMC, as per Insider Monkey’s database of Q4 2024.

FMC Corporation (NYSE:FMC) offers a competitive dividend yield of 5.62%. The payout ratio stands at 72.27%, demonstrating a strong commitment to shareholder returns irrespective of the profitability pressures. Analysts have assigned a Hold rating to the stock, with a 1-year median price target of $48, representing a modest 16.25% upside. Though the long-term fundamentals are intact, the short-term uncertainties in the agricultural sector remain concerning.