5 Best Cheap Dividend Stocks To Buy Right Now

3. Union Pacific Corporation (NYSE:UNP)

Number of Hedge Fund Holders: 90
P/E Ratio as of April 5: 23.16

Union Pacific Corporation (NYSE:UNP) is next on our list of the best dividend stocks to buy right now. The company pays a quarterly dividend of $1.30 per share and has a dividend yield of 2.15%, as of April 5. The stock is popular among investors as the company has paid dividends for 125 consecutive years.

As of the end of December 2023, 90 hedge funds held stakes in Union Pacific Corporation (NYSE:UNP), which remained unchanged from the previous quarter, as per Insider Monkey’s database. The consolidated value of these stakes is more than $6.66 billion.

Follow Union Pacific Corp (NYSE:UNP)