15 Best Low Priced Dividend Stocks to Buy Now

10. Dow Inc. (NYSE:DOW)

Share Price as of the Close of March 17: $37.54

Forward P/E Ratio as of March 17: 18.48

Dow Inc. (NYSE:DOW) is a Michigan-based multinational chemicals company. It ranks tenth on our list of the best low priced stock. The company specializes in materials science, with operations spanning the production and distribution of chemicals, plastics, and agricultural products. It is organized into three primary segments: packaging and specialty plastics, industrial intermediates and infrastructure, and performance materials and coatings. Like other businesses in commodity-driven industries such as oil, gas, and gold mining, Dow does not control the market prices of raw materials. Instead, its strategy centers on cost management and enhancing production efficiency to maintain its competitive edge.

In its fourth-quarter 2024 earnings report, Dow Inc. (NYSE:DOW) posted revenue of $10.4 billion, reflecting a 2% decline from the previous year. Despite broader economic headwinds, Dow achieved a 1% increase in sales volume, marking its fifth consecutive quarter of year-over-year volume growth. This momentum was fueled by robust demand for high-value applications and the company’s cost-efficient operations across different regions. In addition, in December, Dow completed an agreement to sell a minority stake in select US Gulf Coast infrastructure assets, a transaction expected to generate approximately $3 billion in cash proceeds.

Dow Inc. (NYSE:DOW) has also established itself as a reliable dividend stock with a strong financial position. In the most recent quarter, the company generated $811 million in operating cash flow and returned $492 million to shareholders through dividend payments. With a history of consistent dividend distributions dating back to 1912, Dow remains a solid choice for income-focused investors. Currently, it offers a quarterly dividend of $0.70 per share and has a dividend yield of 7.46%, as recorded on March 17.