5 Best 5% Dividend Stocks To Buy According To Analysts

1. British American Tobacco p.l.c. (NYSE:BTI)

Upside Potential as of April 12: 61.3%
Average Price Target Based on Analyst Ratings: $57.3

British American Tobacco p.l.c. (NYSE:BTI) is a multinational manufacturing company, based in London. The company specializes in the production of cigarettes, tobacco, and other related products. The company is among the best dividend stocks on our list as it has raised its dividends consistently for the past 23 years. It pays a quarterly dividend of $0.735 per share and has a dividend yield of 7.97%, as of April 12.

At the end of December 2022, 19 hedge funds tracked by Insider Monkey owned stakes in British American Tobacco p.l.c. (NYSE:BTI), up from 14 a quarter earlier. The collective value of these stakes is over $2.1 billion.

Distillate Capital Partners LLC mentioned British American Tobacco p.l.c. (NYSE:BTI) in its Q1 2022 investor letter. Here is what the firm has to say:

“Distillate Capital’s International FSV Strategy is less expensive, more fundamentally stable, and less levered than the benchmark All Country World Ex U.S. (ACWI-EX US) Index.The largest new position is British American Tobacco (NYSE:BTI), which was not owned previously due to leverage, but now passes that threshold and offers an 11% free cash flow to market cap yield.”

You can also take a look at 11 High-Dividend Stocks Picked By Billionaire Ray Dalio and 10 Best EV Battery Stocks Under $10

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