5 Best Dividend Stocks Under $20

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1. Kinder Morgan, Inc. (NYSE:KMI)

Number of Hedge Fund Holders: 36
Share Price as of October 30: $16.37

Kinder Morgan, Inc. (NYSE:KMI) tops our list of the best dividend stocks under $20. The American infrastructure company pays a quarterly dividend of $0.2825 per share for a dividend yield of 6.95%, as of October 30. The company has been rewarding shareholders with growing dividends for the past six years.

As of the end of the June quarter of 2023, 36 hedge funds tracked by Insider Monkey reported having stakes in Kinder Morgan Inc. (NYSE:KMI), up from 35 in the previous quarter. The collective value of these stakes is nearly $891 million.

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