In this article, we discuss 5 52-week low dividend stocks to consider. If you want to read our detailed analysis of dividend stocks and their performance this year, go directly to read 11 52-Week Low Dividend Stocks To Consider.
5. International Flavors & Fragrances Inc. (NYSE:IFF)
Number of Hedge Fund Holders: 41
1-Year Share Price Decline as of August 14: 47.8%
International Flavors & Fragrances Inc. (NYSE:IFF) is an American company that specializes in creating and producing a wide range of flavors, fragrances, and other related ingredients used in various consumer products. In the past 12 months, the stock has declined by 47.8%. It currently pays a quarterly dividend of $0.81 per share and has a dividend yield of 4.99%, as of August 14.
International Flavors & Fragrances Inc. (NYSE:IFF) has been growing its dividends consistently for the past 21 years, which makes it one of the best 52-week low stocks to consider.
At the end of Q1 2023, 41 hedge funds tracked by Insider Monkey owned investments in International Flavors & Fragrances Inc. (NYSE:IFF), up from 39 in the previous quarter. The consolidated value of these stakes is over $2.3 billion. With over 6.6 million shares, Sachem Head Capital was the company’s leading stakeholder in Q1.
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Follow International Flavors & Fragrances Inc (NYSE:IFF)
4. The AES Corporation (NYSE:AES)
Number of Hedge Fund Holders: 44
1-Year Share Price Decline as of August 14: 24.1%
An American energy and utility company, The AES Corporation (NYSE:AES) is next on our list of the best 52-week low stocks to consider. The stock delivered a negative return of 24.1% in the past year and has a forward P/E ratio of 11.15 as of August 14.
The AES Corporation (NYSE:AES) has raised its dividends every year since 2013 and currently pays a quarterly dividend of $0.1659 per share. The stock has a dividend yield of 3.49%, as recorded on August 14.
As of the close of Q1 2023, 44 hedge funds tracked by Insider Monkey were long The AES Corporation (NYSE:AES), which remained unchanged from the previous quarter. The collective value of stakes owned by these hedge funds is over $1.11 billion.
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3. Corteva, Inc. (NYSE:CTVA)
Number of Hedge Fund Holders: 52
1-Year Share Price Decline as of August 14: 15.60%
Corteva, Inc. (NYSE:CTVA) is an American company that operates in the agricultural sector and provides related solutions and products to farmers and the broader agricultural industry.
On July 21, Corteva, Inc. (NYSE:CTVA) declared a 7% hike in its quarterly dividend to $0.16 per share. This was the company’s third consecutive year of dividend growth since its 2019 spin-off. This increase reflects Corteva’s strong commitment to improving profitability and achieving lasting growth over time. The stock’s dividend yield on August 14 came in at 1.23%.
Corteva, Inc. (NYSE:CTVA) was a part of 52 hedge fund portfolios at the end of Q1 2023, up from 50 in the previous quarter, as per Insider Monkey’s database. The stakes owned by these hedge funds are collectively worth over $1 billion.
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2. The Estée Lauder Companies Inc. (NYSE:EL)
Number of Hedge Fund Holders: 59
1-Year Share Price Decline as of August 14: 39.5%
The Estée Lauder Companies Inc. (NYSE:EL) is a New York-based multinational cosmetic and beauty industry company. It is one of the best 52-week low stocks to consider as it has raised its dividend payouts for ten years. It currently pays a quarterly dividend of $0.66 per share and has a dividend yield of 1.58%, as of August 14.
The number of hedge funds tracked by Insider Monkey owning stakes in The Estée Lauder Companies Inc. (NYSE:EL) jumped to 59 in Q1 2023, from 44 in the previous quarter. The total value of these stakes is over $2.72 billion.
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1. NextEra Energy, Inc. (NYSE:NEE)
Number of Hedge Fund Holders: 59
1-Year Share Price Decline as of August 14: 24.6%
NextEra Energy, Inc. (NYSE:NEE) tops our list of the best 52-week low stocks to consider. On July 27, the company announced a quarterly dividend of $0.4675 per share, which was consistent with its previous dividend. It maintains a 27-year streak of dividend growth. As of August 14, the stock has a dividend yield of 2.73%.
At the end of March 2023, 59 hedge funds in Insider Monkey’s database owned stakes in NextEra Energy, Inc. (NYSE:NEE), worth over $1.11 billion in total. With roughly 3 million shares, Marshall Wace LLP was the company’s leading stakeholder in Q1.
Follow Nextera Energy Inc (NYSE:NEE)
Follow Nextera Energy Inc (NYSE:NEE)
You can also take a look at 12 Best Quality Penny Stocks to Buy and 15 Best Consumer Discretionary Stocks to Buy