In this article, we will take a look at some of the best dividend stocks for passive income.
Passive income, which refers to money earned with little ongoing effort, was once largely the domain of the wealthy – those who could afford to invest in rental properties or build up portfolios that reliably generated dividends. However, since the pandemic, the idea has gained fresh momentum, particularly among millennials and Gen Z, who are coming up with increasingly inventive ways to establish passive income sources.
According to experts, the surge in interest is being driven by a mix of tough job market conditions and the strong influence of social media. While passive income can be a viable option for some, it may not live up to the hype for everyone, as the promise of easy earnings often proves more complex in practice.
Side hustles are becoming increasingly popular as a way for people to bring in passive income. Gen Z, in particular, has moved past the misconception that passive income involves no effort. Instead, they see launching a side business as a valid way to earn money alongside a full-time job. In the past, starting a business often meant renting a physical storefront and paying for newspaper ads. Today, it’s a different story—entrepreneurs can build a website from home using platforms like Squarespace, promote products on TikTok, and hold meetings with clients or collaborators over Zoom. For Gen Z—many of whom were born in the late 1990s—these digital tools have been part of their everyday lives for as long as they can remember.
Natasha Stanley, head coach at Careershifters.org, pointed out that individuals now have far more resources at their disposal to build something independently. She observed that access to the entrepreneurial space had become more inclusive and widespread. The shift toward remote work and education during the pandemic, she noted, had also made the idea of self-employment feel more within reach for many people.
One proven way of generating passive income is through investments in dividend stocks. Companies that generate surplus profits often decide to share a portion of that money with their investors through dividends. The amount they return is typically measured using the dividend yield, which is calculated by dividing the yearly dividend payment by the current stock price.
According to Brian Bollinger, founder of Simply Safe Dividends, building a portfolio focused on dividend-paying stocks can be a game-changer. He explains that depending on regular dividend payments—rather than relying solely on profits from selling stocks—can help reduce the risk of draining your investments. Unlike managing rental properties, he notes, collecting dividends requires very little effort. He made the following comment about dividend investing:
“You could be setting yourself up quite nicely. Because not only do stocks pay a dividend, but they might increase the dividend, and they could benefit from price appreciation as a result of improving earnings outlook and so forth. It’s really about finding companies that can pay safe and rising dividends over time. And as long as that holds true over your retirement horizon, that’s a pretty, pretty nice thing to have.”
Given this, we will take a look at some of the best dividend stocks for passive income.
Photo by Annie Spratt on Unsplash
Our Methodology
For this article, we scanned Insider Monkey’s database of over 1,000 hedge funds as of Q4 2024 and selected stocks with strong dividend policies, sound financials, and dividend growth histories. These stocks have a minimum of 1% yield, as of April 24. The stocks are then ranked according to hedge funds having stakes in them.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
15. Black Hills Corporation (NYSE:BKH)
Number of Hedge Fund Holders: 24
Black Hills Corporation (NYSE:BKH) is a South Dakota-based diversified energy company that offers electric and gas utility services. The company provides services to around 1.35 million customers spread across several states, including Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming. Its financial standing is solid, supported by an investment-grade balance sheet. Notably, customer growth in its service areas is nearly three times faster than the national population growth rate. Thanks to the regulatory-approved monopoly it holds in these regions, combined with the essential nature of electricity in today’s world, the company could offer a relatively stable investment option for those looking to weather market volatility. Since the start of 2025, the stock has surged by over 4%.
In the fourth quarter of 2024, Black Hills Corporation (NYSE:BKH) reported revenue of $597 million, which showed a modest 1% growth from the same period last year. The company’s operating income for the quarter came in at $163.3 million, which showed a significant jump from $136.5 million in the prior-year period. It has raised its five-year capital spending outlook by 10%, bringing the total to $4.7 billion for the period from 2025 to 2029. This includes a planned investment of $1.0 billion for the year 2025 alone.
Black Hills Corporation (NYSE:BKH) currently offers a quarterly dividend of $0.676 per share, having raised it by 4% in January. This was the company’s 55th consecutive year of dividend growth, which makes BKH one of the best dividend stocks for passive income. In addition to strong dividend growth track record, the stock also offers an attractive dividend yield of 4.46%, as of April 24.
14. Expeditors International of Washington, Inc. (NYSE:EXPD)
Number of Hedge Fund Holders: 35
Expeditors International of Washington, Inc. (NYSE:EXPD) is an American service-based logistics company. It provides a range of services, including air and ocean freight, customs brokerage, and various related logistics solutions. In its Q4 2024 earnings report, the company highlighted that robust demand from Asia contributed to higher rates and segment expansion both during the quarter and in the latter half of 2024. It was noted that disruption-related demand in ocean transport led to a sharp rise in rates and capacity constraints, driving substantial year-over-year growth. Management further explained that overall demand for ocean freight remained strong, while extended transit times and capacity challenges—largely due to Red Sea disruptions—pushed up average buy and sell rates and supported volume growth.
In the fourth quarter of 2024, Expeditors International of Washington, Inc. (NYSE:EXPD) reported revenue of $3 billion, which showed a significant 30% growth from the same period last year. The company also reported growth on various fronts, including its EPS, which rose by 54% to $1.68, while net earnings attributable to shareholders climbed 49% to $236 million. Operating income also saw a notable increase of 51%, reaching $301 million. In terms of volume, airfreight tonnage grew by 11%, and ocean container shipments were up 14%.
Expeditors International of Washington, Inc. (NYSE:EXPD)’s cash position also remained stable. The company ended the quarter with $1.15 billion available in cash and cash equivalents. Its operating cash flow came in at $250 million, up from $158.3 million in the same quarter last year. Due to this strong cash position, the company returned $1.1 billion to shareholders through dividends and share repurchases, which marked its third consecutive quarter of returning more than $1 billion of capital to shareholders.
Expeditors International of Washington, Inc. (NYSE:EXPD) currently offers a quarterly dividend of $0.73 per share for a dividend yield of 1.33%, as of April 24. The company has been rewarding shareholders with growing dividends for the past 30 years.
13. Realty Income Corporation (NYSE:O)
Number of Hedge Fund Holders: 36
Realty Income Corporation (NYSE:O) is an American real estate investment trust company that invests in single-tenant commercial properties across the US. It is one of the best dividend stocks for passive income as the company offers monthly dividends to shareholders. On April 8, the company declared a quarterly dividend of $0.2685 per share, which was in line with its previous dividend. Overall, it has raised its payouts 130 times since its IPO in 1994. In addition, the stock also offers an attractive dividend yield of 5.63%, as of April 24.
Realty Income Corporation (NYSE:O) stands out among its peers. To begin with, it holds an extensive portfolio of more than 15,600 properties. Its assets are spread across both North America and Europe, offering solid geographic diversification. Financially, it maintains a strong position, backed by an investment-grade credit rating. Taken together, these strengths give this large net lease REIT a competitive edge when it comes to accessing capital, pursuing various growth opportunities, and executing large-scale transactions—even acquisitions that might be out of reach for its smaller rivals. The stock has surged by nearly 9% since the start of 2025.
At the end of Q4 2024, 36 hedge funds tracked by Insider Monkey held stakes in Realty Income Corporation (NYSE:O), growing from 23 in the previous quarter. The consolidated value of these stakes is over $353.5 million. With 1.6 million shares, AEW Capital Management was the company’s leading stakeholder in Q4.
12. VICI Properties Inc. (NYSE:VICI)
Number of Hedge Fund Holders: 48
VICI Properties Inc. (NYSE:VICI) ranks 12th on our list of the best dividend stocks for passive income. The American real estate investment trust company invests in casinos and entertainment properties. The stock is generating solid returns this year, surging by over 12% since the start of 2025, and its 12-month returns came in at over 14%.
Last year, VICI Properties Inc. (NYSE:VICI) allocated over $1 billion in capital across multiple transactions. This included funding for the expansion of The Venetian Resort Las Vegas, supporting the construction of a Margaritaville resort in partnership with Homefield, and extending another debt investment to Great Wolf Resorts. VICI Properties has kept up its investment momentum this year as well, establishing a new strategic partnership with Cain International and Eldridge Industries in the first quarter. Its initial move under this collaboration was a $300 million mezzanine loan to help finance the development of One Beverly Hills, a high-profile luxury mixed-use project.
VICI Properties Inc. (NYSE:VICI) demonstrated a strong cash position in the most recent quarter. It ended FY24 with a solid cash reserve of $524.6 million and also returned $456.7 million to shareholders through dividends in the fourth quarter of 2024. The company initiated its dividend policy in 2018 and has raised its payouts every year since then. Currently, it offers a quarterly dividend of $0.4325 per share and has a dividend yield of 5.32%, as of April 24.
11. Kimberly-Clark Corporation (NYSE:KMB)
Number of Hedge Fund Holders: 50
Kimberly-Clark Corporation (NYSE:KMB) is an American multinational consumer goods and personal care company, headquartered in Texas. The company, recognized for well-known brands such as Huggies, Kleenex, and Kotex, has a global presence and focuses on essential consumer products. Its strategic efforts have been directed toward enhancing its supply chain, with the goal of boosting operational efficiency and better controlling costs. The stock has delivered a modest return of 1.2% since the start of 2025.
In the first quarter of 2025, Kimberly-Clark Corporation (NYSE:KMB) reported revenue of $4.8 billion, which fell by 6% from the same period last year. The revenue also missed analysts’ estimates by $53.94 million. The reported gross margin came in at 35.8%, while the adjusted gross margin stood at 36.9%, reflecting a decline of 20 basis points compared to the previous year. Diluted earnings per share were $1.70, and adjusted earnings per share were $1.93, representing a 4% decrease year over year.
Despite experiencing losses on these fronts, Kimberly-Clark Corporation (NYSE:KMB) remained a favored choice for investors because of its cash position. In the most recent quarter, the company reported an operating cash flow of $327 million. Moreover, it returned $466 million to shareholders through dividends and share repurchases. It currently offers a quarterly dividend of $1.26 per share and has a dividend yield of 3.81%, as of April 24. The company has raised its payouts for 52 consecutive years, which makes KMB one of the best dividend stocks for passive income.
10. The Southern Company (NYSE:SO)
Number of Hedge Fund Holders: 53
The Southern Company (NYSE:SO) is a Georgia-based gas and electric utility company that has a wide customer base, spanning over 9 million across the Southern US. Together with its subsidiaries, the company owns or runs 55 facilities spread across 15 different states. The stock has surged by over 11% since the start of 2025, and its 12-month return came in at over 23%.
In the fourth quarter of 2024, The Southern Company (NYSE:SO) reported revenue of $6.34 billion, which showed a 4.9% growth from the same period last year. The revenue beat analysts’ estimates by $440.8 million. The company’s earnings for the quarter came in at $534 million, or $0.49 per share.
On April 21, The Southern Company (NYSE:SO) declared a quarterly dividend of $0.74 per share, having raised it by 2.8% from its previous dividend. This marked the company’s 24th consecutive year of dividend growth, which makes SO one of the best dividend stocks for passive income. As of April 24, the stock has a dividend yield of 3.24%.
The number of hedge funds tracked by Insider Monkey owning stakes in The Southern Company (NYSE:SO) grew to 53 in Q4 2024, from 37 in the previous quarter. The consolidated value of these stakes is nearly $2 billion. Among these hedge funds, GQG Partners was the company’s leading stakeholder in Q4.
9. United Parcel Service, Inc. (NYSE:UPS)
Number of Hedge Fund Holders: 59
United Parcel Service, Inc. (NYSE:UPS) ranks ninth on our list of the best dividend stocks for passive income. The American multinational shipping and supply chain management company reported stable earnings in the fourth quarter of 2024. It posted revenue of $25.3 billion, marking a 1.54% increase compared to the same period the year before. The company also reached a preliminary deal with its largest customer to cut package volume by more than half by the latter half of 2026. In addition, UPS has assumed full ownership of its SurePost service and is reorganizing its U.S. operations. These changes are part of a broader restructuring strategy aimed at boosting efficiency and achieving approximately $1 billion in cost savings.
United Parcel Service, Inc. (NYSE:UPS)’s management is zeroing in on the more lucrative segments of the delivery market, with a particular emphasis on serving small and mid-sized businesses and the healthcare industry. In a strategic move, it is intentionally scaling back delivery volume from Amazon to free up capacity for higher-margin shipments. To support this shift, leadership has begun restructuring its network with the objective of trimming operating expenses by $1 billion.
United Parcel Service, Inc. (NYSE:UPS)’s strong cash flow has enabled it to sustain returns to shareholders. In 2024, it generated $10.1 billion in operating cash flow and $6.3 billion in free cash flow. Over the course of the year, UPS returned a total of $5.9 billion to shareholders through dividends and share repurchases. The company has been growing its payouts for 23 consecutive years. Currently, it offers a quarterly dividend of $1.64 per share and has a dividend yield of 6.68%, as of April 24.
8. Lockheed Martin Corporation (NYSE:LMT)
Number of Hedge Fund Holders: 65
Lockheed Martin Corporation (NYSE:LMT) is an American defense and aerospace manufacturing company, based in Texas. The company specializes in advanced technology systems, services, and products. It reported stable earnings in the first quarter of 2025. The company’s revenue for the quarter came in at $18 billion, which showed a 4% growth on a YoY basis and also beat analysts’ estimates by $158.2 million.
Lockheed Martin Corporation (NYSE:LMT) stated that it remained committed to investing in its operations, with over $850 million allocated to research, development, and capital expenditures during the quarter. Management emphasized a strong focus on operational excellence to ensure the timely and efficient execution of its $173 billion backlog, which reflects more than two years’ worth of sales.
In addition, Lockheed Martin Corporation (NYSE:LMT)’s cash position also came in strong. The company generated $1.4 billion in operating cash flow, and its free cash flow amounted to $955 million. During the quarter, it returned $1.5 billion to shareholders through dividends and share repurchases. Its quarterly dividend currently comes in at $3.30 per share for a dividend yield of 2.84%, as recorded on April 24. LMT is one of the best dividend stocks for passive income, with 22 consecutive years of dividend growth under its belt.
7. Texas Instruments Incorporated (NASDAQ:TXN)
Number of Hedge Fund Holders: 66
American semiconductor company, Texas Instruments Incorporated (NASDAQ:TXN) specializes in analog and embedded chips. On April 24, the stock surged 8% in premarket trading following the semiconductor company’s report of first-quarter earnings and revenue that surpassed analysts’ forecasts. The company posted revenue of $4.07 billion, which showed an 11% growth from the same period last year. Its net income for the period came in at $1.18 billion, and its EPS came in at $1.28, which beat analysts’ estimates by $0.18.
Texas Instruments Incorporated (NASDAQ:TXN) has provided a second-quarter outlook, projecting revenue between $4.17 billion and $4.53 billion, with earnings per share ranging from $1.21 to $1.47. Additionally, the company now expects its effective tax rate for the second quarter to be around 12% to 13%.
Texas Instruments Incorporated (NASDAQ:TXN) also generated strong cash, which fulfilled its shareholders’ obligations. For the trailing 12 months, TI generated $6.2 billion in cash flow from operations, highlighting the strength of its business model, the quality of its product portfolio, and the advantages of 300mm production. Free cash flow for the same period amounted to $1.7 billion. Over the past year, Texas Instruments invested $3.8 billion in research and development (R&D) and selling, general, and administrative expenses (SG&A), allocated $4.7 billion toward capital expenditures, and returned $6.4 billion to its shareholders.
On April 18, Texas Instruments Incorporated (NASDAQ:TXN) declared a quarterly dividend of $1.36 per share, which was in line with its previous dividend. The company has been raising its payouts for 21 consecutive years, which makes TXN one of the best dividend stocks for passive income. As of April 24, the stock supports a dividend yield of 3.36%.
6. Lowe’s Companies, Inc. (NYSE:LOW)
Number of Hedge Fund Holders: 70
Lowe’s Companies, Inc. (NYSE:LOW) is an American home improvement company, headquartered in North Carolina. The company has recently refined its strategic priorities to enhance its competitive position. Efforts have been directed toward strengthening its digital capabilities, streamlining its supply chain, and deepening customer relationships through upgraded technology. By focusing on an omnichannel strategy that blends online and in-store operations, the company aims to maintain stable profitability while offering customers a consistent and seamless shopping experience.
In the fourth quarter of 2024, Lowe’s Companies, Inc. (NYSE:LOW) reported revenue of $18.55 billion, reflecting a slight year-over-year decline of 0.3%. However, earnings exceeded expectations by $260 million. Comparable sales saw a modest 0.2% increase, supported by strong performance in the Pro customer segment, increased digital engagement, a successful holiday season, and recovery efforts following a hurricane.
By the end of the year, Lowe’s Companies, Inc. (NYSE:LOW) held $1.8 billion in cash and equivalents, nearly double the $921 million reported at the end of 2023. Operating cash flow rose to $9.7 billion from $8.1 billion the prior year. The company returned $6.5 billion to shareholders through dividends and share repurchases. Thanks to its solid financial footing, Lowe’s maintains one of the longest streaks of dividend growth in the market, spanning 59 consecutive years. Its quarterly dividend comes in at $1.15 per share and has a dividend yield of 2.07%, as of April 24.
5. American Express Company (NYSE:AXP)
Number of Hedge Fund Holders: 71
American Express Company (NYSE:AXP) is an American financial services company that specializes in payment cards. Unlike many of its rivals that act mainly as intermediaries between cardholders and banks, American Express operates on a closed-loop system, handling both card issuance and payment processing. This setup gives AmEx full oversight of each transaction, allowing it to build direct connections with its high-income customers. These relationships not only help the company earn higher transaction fees but also allow it to deliver customized services to its premium clientele, strengthening customer loyalty and boosting revenue in the process. The stock has surged by nearly 12% in the past 12 months.
In the first quarter of 2025, American Express Company (NYSE:AXP) reported revenue of $17 billion, which showed a 7.38% growth from the same period last year. The revenue also surpassed analysts’ estimates by $39 million. The company’s net income of $2.6 billion also showed a 6% growth on a YoY basis. Overall spending by Card Members continued to increase at a healthy rate, rising 6%, or 7% when excluding the effect of the extra day from the leap year.
American Express Company (NYSE:AXP) reported continued strength across several key areas, including Card Member spending, customer retention, demand for premium products, and credit performance—trends that remained consistent with, and in many cases outperformed, those observed in 2024.
Citing stable spending patterns and solid credit trends, along with the current economic outlook, management reaffirmed its full-year guidance. The company continues to project revenue growth of 8% to 10% and earnings per share between $15.00 and $15.50, in line with the expectations shared in January, though still dependent on broader macroeconomic conditions.
American Express Company (NYSE:AXP) currently offers a quarterly dividend of $0.82 per share and has a dividend yield of 1.23%, as of April 24. In January, the company declared a 17% hike in its quarterly dividend, which was its most significant increase in over a decade.
4. Verizon Communications Inc. (NYSE:VZ)
Number of Hedge Fund Holders: 74
Verizon Communications Inc. (NYSE:VZ) is a New York-based telecommunications company. It recently announced its Q1 2025 earnings, which showed strengths on various fronts. The company posted revenue of $33.5 billion, up 1.5% from the same period last year. The revenue exceeded analysts’ estimates by $204.3 million. It ended the quarter with solid momentum across both its mobility and broadband segments. The company reported industry-leading total wireless service revenue of $20.8 billion. It also achieved its strongest wireless retail core prepaid net additions since acquiring TracFone. In the broadband space, Verizon continued to gain market share, fueled by strong demand for both its Fios service and fixed wireless access offerings.
Verizon Communications Inc. (NYSE:VZ)’s cash position also remained strong. The company generated $7.8 billion in operating cash flow, up from $7.1 billion in Q1 2024. Its free cash flow of $3.6 billion also grew from $2.7 billion in the prior-year period. Due to this cash generation, the company was able to raise its dividends for 18 consecutive years. Currently, it offers a quarterly dividend of $0.6775 per share and has a dividend yield of 6.33%, as of April 24.
Verizon Communications Inc. (NYSE:VZ) was a part of 74 hedge fund portfolios at the end of Q4 2024, as per Insider Monkey’s database, up from 57 in the previous quarter. The stakes owned by these hedge funds are worth nearly $3 billion in total. With over 12.3 million shares, GQG Partners was the company’s leading stakeholder in Q4.
3. The Procter & Gamble Company (NYSE:PG)
Number of Hedge Fund Holders: 79
The Procter & Gamble Company (NYSE:PG) is an American multinational consumer goods company. One of the company’s key advantages lies in its vast scale and leadership across various product categories and brands, which helps cushion against potential risks. As a global powerhouse in everyday consumer goods, it boasts an extensive portfolio of best-selling brands that cover beauty, grooming, health, home, and fabric care, baby products, and more.
The Procter & Gamble Company (NYSE:PG) reported mixed earnings in fiscal Q3 2025. The company posted an EPS of $1.54, which was modestly below analysts’ estimates by $0.01. Its revenue of $19.78 billion fell by 2.07% from the same period last year and missed analysts’ consensus by $376.3 million. The company attributed these earnings to a challenging and volatile consumer and geopolitical environment. It also stated that it is adjusting its short-term outlook to align with current market conditions, while maintaining confidence in the long-term growth potential of its brands and the markets in which it operates.
During the quarter, The Procter & Gamble Company (NYSE:PG) generated $3.7 billion in operating cash flow and reported net earnings of $3.8 billion. Adjusted free cash flow productivity stood at 75%. The company returned a total of $3.8 billion to shareholders, including $2.4 billion in dividend payments and $1.4 billion through share repurchases. Earlier this month, it announced a dividend increase, marking the 69th consecutive year of dividend growth and the 135th straight year of paying dividends since its founding in 1890. Currently, it offers a quarterly dividend of $1.0568 per share and has a dividend yield of 2.65%, as of April 24.
2. Starbucks Corporation (NASDAQ:SBUX)
Number of Hedge Fund Holders: 84
Starbucks Corporation (NASDAQ:SBUX) ranks second on our list of the best dividend stocks for passive income. The American multinational chain of coffeehouses and roastery reserves is headquartered in Washington. Starbucks’ brand continues to be its greatest strength, providing a solid foundation for the leadership team to build upon. Since stepping in as CEO in September, Brian Niccol has introduced a “Back to Starbucks” initiative aimed at realigning the company’s direction.
In the first quarter of fiscal 2025, Starbucks Corporation (NASDAQ:SBUX) reported consolidated net revenue of $9.4 billion, holding steady year over year when adjusted for currency fluctuations. The company expanded its footprint by opening 377 new stores during the quarter, increasing its global presence to 40,576 locations. Of these, 53% are directly operated by the company, while the remaining 47% are run through licensing partnerships. By quarter’s end, the US and China accounted for 61% of Starbucks’ global store base, with 17,049 stores in the US and 7,685 in China.
A consistent performer among dividend-paying companies, Starbucks Corporation (NASDAQ:SBUX) has distributed regular dividends for 59 straight quarters. Over this period, its payouts have grown at a compound annual growth rate of 20%, with dividend increases maintained for 14 consecutive years. Its quarterly dividend comes in at $0.61 per share for a dividend yield of 2.91%, as of April 24.
1. AbbVie Inc. (NYSE:ABBV)
Number of Hedge Fund Holders: 85
AbbVie Inc. (NYSE:ABBV) is a pharmaceutical company focused on research and innovation, developing and marketing treatments for a range of chronic and serious health conditions. Its areas of focus include oncology, gastroenterology, rheumatology, dermatology, virology, and other complex medical issues.
In the fourth quarter of 2024, AbbVie Inc. (NYSE:ABBV) reported revenue of $15.1 billion, marking a 5.6% increase from the same quarter the previous year and exceeding analysts’ expectations of $14.87 billion. Despite posting a small GAAP net loss of $0.02 per share, the company’s adjusted diluted earnings were $2.16 per share, slightly surpassing the forecasted $2.13. For the full year 2024, combined sales of Skyrizi and Rinvoq grew by 51%, reaching $1.77 billion, driven by strong demand and wider adoption across global markets.
AbbVie Inc. (NYSE:ABBV) also pays a quarterly dividend of $1.64 per share, offering a dividend yield of 3.64%, as of April 24. The company has an impressive 52-year streak of dividend growth, making it an attractive choice for income-focused investors.
Overall, AbbVie Inc. (NYSE:ABBV) ranks first on our list of the best dividend stocks for long term passive income. While we acknowledge the potential of ABBV 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 ABBV 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.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
