14 Value Stocks to Buy With High Dividend Yields

Published on November 17, 2023 at 10:21 am by Vardah Gill in Dividend Stocks, Hedge Funds, News

In this article, we discuss 14 value stocks to buy with high dividend yields. You can skip our detailed analysis of value stocks and the performance of dividend stocks over the years, and go directly to read 5 Value Stocks to Buy With High Dividend Yields.

Lowell Miller’s book, Single Best Investment, emphasized the thoughts of Fama and French on value investing, citing their articles in the Journal of Finance. Here are some remarks by Nobel laureates:

“Firms that the market judges to have poor prospects, signaled by low stock prices and low price/book ratios, have higher expected stock returns . . . than firms with strong prospects.”

The book further mentioned that when a growth stock fails to meet investors’ overly optimistic expectations, they realize that the current price overestimates the company’s potential, leading to a sudden drop in price. On the other hand, a value stock, which isn’t anticipated to perform strongly, surprises by doing better than expected. This prompts an upward reassessment of its price. However, it’s important for investors not to risk everything on just one investment. Having a variety of stocks has consistently been a good strategy for investors in the past.

In 2023, growth stocks have been doing well, but with a good earnings season, valuations of S&P 500 companies are getting closer to historical averages. This situation is making a case for investors to think about value stocks, as mentioned by David Kelly from JPMorgan Asset Management. In addition to Kelly’s remarks, several earlier reports have presented a positive outlook of value stocks and underscored how well value investing tends to fare during periods of economic uncertainty or instability. In our article titled 12 Best Undervalued Dividend Stocks to Buy Now, we referenced a Franklin Templeton report highlighting that value stocks could thrive amid moderate inflation. These companies often can increase prices for their products, leading to higher cash flows. This surplus can be used to grow the business if that’s a good option. Otherwise, the company might choose to reward shareholders by giving out dividends or purchasing its stock. Analysts predict that value stocks will likely perform better in the upcoming years due to their attractive valuations, the potential for earnings growth, and their stability during slight economic downturns.

In this article, we will discuss value dividend stocks with high yields. Verizon Communications Inc. (NYSE:VZ), Altria Group, Inc. (NYSE:MO), and Pfizer Inc. (NYSE:PFE) are some of the best dividend stocks on the list, among others mentioned.

Photo by nick chong on Unsplash

Our Methodology:

To compile this list, we filtered for dividend stocks with a P/E ratio below 20 and dividend yields exceeding 5% as of November 14. From that selection, we chose companies with a proven track record of consistently paying dividends to their shareholders. The ranking of these stocks is based on their P/E ratios, arranged from the highest to the lowest.

14. NNN REIT, Inc. (NYSE:NNN)

P/E Ratio as of November 16: 18.38

Dividend Yield as of November 16: 5.77%

NNN REIT, Inc. (NYSE:NNN) is a Florida-based real estate investment trust company that focuses on acquiring, owning, and managing properties that are primarily leased to tenants in industries such as retail, healthcare, and commercial segments. On October 16, the company declared a quarterly dividend of $0.565 per share, which was in line with its previous dividend. Earlier this year, the company raised its dividend for the 34th consecutive year, which makes NNN one of the best dividend stocks on our list. As of November 16, the stock has a dividend yield of 5.77%.

At the end of Q2 2023, 21 hedge funds in Insider Monkey’s database reported having stakes in NNN REIT, Inc. (NYSE:NNN), which remained unchanged from the preceding quarter. The collective value of these stakes is over $154.4 million.

13. Evergy, Inc. (NASDAQ:EVRG)

P/E Ratio as of November 16: 17.04

Dividend Yield as of November 16: 5.09%

Evergy, Inc. (NASDAQ:EVRG) is an American electric utility company that provides electricity generation, transmission, and distribution services. As of the close of Q2 2023, the company was a part of 27 hedge fund portfolios, up from 26 in the previous quarter. The stakes owned by these hedge funds have a total value of $372.6 million.

Evergy, Inc. (NASDAQ:EVRG), one of the best dividend stocks on our list, currently offers a quarterly dividend of $0.6125 per share. In 2022, the company stretched its dividend growth streak to 18 years. The stock has a dividend yield of 5.09%, as of November 16.

12. Pfizer Inc. (NYSE:PFE)

P/E Ratio as of November 16: 16.16

Dividend Yield as of November 16: 5.56%

Pfizer Inc. (NYSE:PFE) is next on our list of the best dividend stocks with high dividend yields. The American multinational pharmaceutical company has been rewarding shareholders with growing dividends for the past 13 years. It currently offers a per-share dividend of $0.41 every quarter and has a dividend yield of 5.56%, as recorded on November 16.

As of the close of the second quarter of 2023, 73 hedge funds in Insider Monkey’s database owned investments in Pfizer Inc. (NYSE:PFE), worth collectively over $1.5 billion. Diamond Hill Capital was the company’s leading stakeholder in Q2.

11. Avista Corporation (NYSE:AVA)

P/E Ratio as of November 16: 15.83

Dividend Yield as of November 16: 5.28%

Avista Corporation (NYSE:AVA) is a Washington-based energy company that provides electricity and natural gas services to residential, commercial, and industrial customers. On November 2, the company announced a quarterly dividend of $0.46 per share, which fell in line with its previous dividend. Overall, it holds an impressive track record of raising its dividends for 21 years. The stock’s dividend yield on November 16 came in at 5.28%.

At the end of June 2023, 10 hedge funds owned stakes in Avista Corporation (NYSE:AVA), down from 13 in the previous quarter, according to Insider Monkey’s database. These stakes are collectively valued at over $27 million.

10. Spire Inc. (NYSE:SR)

P/E Ratio as of November 16: 13.80

Dividend Yield as of November 16: 5.09%

Spire Inc. (NYSE:SR) manages an extensive network of pipelines, storage facilities, and distribution systems to transport natural gas to its customers. The company announced a 5% increase in its quarterly dividend to $0.755 per share on November 13. This marked the company’s 21st consecutive year of dividend growth, which places SR on our list of the best dividend stocks. As of November 16, the stock has a dividend yield of 5.09%.

Spire Inc. (NYSE:SR) remained a popular buy among hedge funds during Q2 2023 as 21 funds owned stakes in the company at the end of the quarter, jumping from 12 in the previous quarter, according to our database. These stakes are collectively worth over $97.6 million. Among these hedge funds, Citadel Investment Group was the company’s leading stakeholder in Q2.

9. Northwest Natural Holding Company (NYSE:NWN)

P/E Ratio as of November 16: 13.43

Dividend Yield as of November 16: 5.26%

Northwest Natural Holding Company (NYSE:NWN) is an American company that provides natural gas distribution services to residential, commercial, and industrial customers. The company offers a quarterly dividend of $0.4875 per share, having raised it by 0.6% on October 12. This was the company’s 68th consecutive year of dividend growth, which makes NWN one of the best dividend stocks on our list. The stock has a dividend yield of 5.26%, as of November 16.

Insider Monkey’s database of Q2 2023 showed that 13 hedge funds owned stakes in Northwest Natural Holding Company (NYSE:NWN), up from 12 in the previous quarter. These stakes have a collective value of $13.7 million.

8. U.S. Bancorp (NYSE:USB)

P/E Ratio as of November 16: 11.05

Dividend Yield as of November 16: 5.19%

U.S. Bancorp (NYSE:USB) is an American diversified financial services company. It provides services like checking and savings accounts, loans, mortgages, credit cards, and wealth management services for individual customers. The company’s current quarterly dividend stands at $0.48 per share and has a dividend yield of 5.19%, as of November 16. It is one of the best dividend stocks on our list as the company has been increasing its dividends for the past 5.19%.

According to Insider Monkey data of Q2 2023, 42 hedge funds owned stakes in U.S. Bancorp (NYSE:USB), compared with 48 in the previous quarter. The consolidated value of these stakes is roughly $555 million.

7. Enterprise Products Partners L.P. (NYSE:EPD)

P/E Ratio as of November 16: 10.61

Dividend Yield as of November 16: 7.66%

Enterprise Products Partners L.P. (NYSE:EPD) is a leading midstream energy company that is primarily involved in the transportation, storage, and processing of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals. The company has been raising its dividends consistently for the past 24 years and currently pays a quarterly dividend of $0.50 per share. The stock has a dividend yield of 7.66%, as of November 16.

As of the close of Q3 2023, 25 hedge funds tracked by Insider Monkey reported having stakes in Enterprise Products Partners L.P. (NYSE:EPD), compared with 26 in the previous quarter. The consolidated value of these stakes is more than $272.7 million.

6. WesBanco, Inc. (NASDAQ:WSBC)

P/E Ratio as of November 16: 9.70

Dividend Yield as of November 16: 5.17%

WesBanco, Inc. (NASDAQ:WSBC) operates as a bank holding company primarily serving individuals, businesses, and institutions with a range of financial services. On November 15, the company announced a 3% hike in its quarterly dividend to $0.36 per share. Through this increase, the company took its dividend growth streak to 12 years, which makes it one of the best dividend stocks. As of November 16, WSBC has a dividend yield of 5.17%.

At the end of Q2 2023, 9 hedge funds in Insider Monkey’s database owned investments in WesBanco, Inc. (NASDAQ:WSBC), compared with 11 in the preceding quarter. The overall value of these stakes is more than $7.4 million.

Click to continue reading and see 5 Value Stocks to Buy With High Dividend Yields.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Published on October 30, 2024 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

Published on November 16, 2024 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up