In this article, we discuss 5 best dividend stocks under $25. If you want to read our detailed analysis of the market outlook and the importance of dividend stocks, go directly to read 12 Best Dividend Stocks Under $25.
5. Arbor Realty Trust, Inc. (NYSE:ABR)
Number of Hedge Fund Holders: 20
Share Price as of July 17: $16.06
An American real estate investment trust company, Arbor Realty Trust, Inc. (NYSE:ABR) is next on our list of the best dividend stocks under $25. The company has been raising its dividends consistently for 11 years running. It pays a quarterly dividend of $0.42 per share and has a dividend yield of 10.45%, as of July 17.
At the end of the March quarter of 2023, 20 hedge funds in Insider Monkey’s database were long Arbor Realty Trust, Inc. (NYSE:ABR), up from 17 in the previous quarter. The stakes these hedge funds held are collectively valued at over $77.3 million.
Silver Beech Capital mentioned Arbor Realty Trust, Inc. (NYSE:ABR) in its recently-published Q2 2023 investor letter. Here is what the firm has to say:
“Arbor Realty Trust, Inc. (NYSE:ABR) is a small-capitalization mortgage REIT that primarily originates bridge multifamily and single-family home loans. Arbor also has in-house asset-light agency loan origination and mortgage servicing right segments that are a good strategic fit for properties that mature out of Arbor’s bridge multifamily loan program. Over the last decade, in part due to Arbor’s unique business combination and capital allocation strength, the company has earned among the highest returns on equity and shareholder returns in the mortgage REIT sector. (Click here to read the full text)
Follow Arbor Realty Trust Inc (NYSE:ABR)
Follow Arbor Realty Trust Inc (NYSE:ABR)
4. Associated Banc-Corp (NYSE:ASB)
Number of Hedge Fund Holders: 21
Share Price as of July 17: $17.39
Associated Banc-Corp (NYSE:ASB) is an American regional bank holding company that offers a wide range of financial services to individuals, businesses, and institutional clients. In the first quarter of 2023, the company reported revenue of $336 million, which showed a 28.2% growth from the prior-year period. At the end of March 31, the company had over $311.2 million available in cash available.
Associated Banc-Corp (NYSE:ASB) offers a quarterly dividend of $0.21 per share and has a dividend yield of 4.84%, as recorded on July 17. In the most recent quarter, the company’s dividend payout ratio came in at 31.34%, which makes it one of the best dividend stocks on our list.
As of the close of Q1 2023, 21 hedge funds in Insider Monkey’s database reported having stakes in Associated Banc-Corp (NYSE:ASB), worth collectively over $120.3 million. With roughly 3 million shares, Pzena Investment Management was the company’s leading stakeholder in Q1.
Follow Associated Banc-Corp (NYSE:ASB)
Follow Associated Banc-Corp (NYSE:ASB)
3. Flowers Foods, Inc. (NYSE:FLO)
Number of Hedge Fund Holders: 26
Share Price as of July 17: $24.02
Flowers Foods, Inc. (NYSE:FLO) is a Georgia-based bakery company that specializes in packaged bakery products. The company operates in the food industry, primarily focusing on the production, distribution, and sale of a wide range of bakery items.
On May 25, Flowers Foods, Inc. (NYSE:FLO) declared a 5% hike in its quarterly dividend to $0.23 per share. This marked the company’s 21st consecutive year of dividend growth, which makes it one of the best dividend stocks on our list. The stock’s dividend yield on July 17 came in at 3.84%.
The number of hedge funds tracked by Insider Monkey owning stakes in Flowers Foods, Inc. (NYSE:FLO) jumped to 26 in Q1 2023, from 22 in the previous quarter. These stakes have a collective value of roughly $327 million.
Follow Flowers Foods Inc (NYSE:FLO)
Follow Flowers Foods Inc (NYSE:FLO)
2. KeyCorp (NYSE:KEY)
Number of Hedge Fund Holders: 34
Share Price as of July 17: $10.20
KeyCorp (NYSE:KEY) is an American bank holding company that provides a wide range of related services to its consumers. In the first quarter of 2023, the company reported revenue of $1.7 billion, which showed a 0.6% growth from the prior-year quarter. Its net income during the period came in at $126 million.
KeyCorp (NYSE:KEY), one of the best dividend stocks, has been raising its dividends consistently for the past 12 years. It currently pays a quarterly dividend of $0.205 per share and has a dividend yield of 7.97%, as of July 17.
At the end of March 2023, 34 hedge funds in Insider Monkey’s database owned investments in KeyCorp (NYSE:KEY), up from 33 in the preceding quarter. The stakes owned by these hedge funds have a collective value of $573.6 million.
Follow Keycorp W (NYSE:KEY)
Follow Keycorp W (NYSE:KEY)
1. The AES Corporation (NYSE:AES)
Number of Hedge Fund Holders: 44
Share Price as of July 17: $21.39
The AES Corporation (NYSE:AES) tops our list of the best dividend stocks under $25. The utility and power generation company has been growing its dividends consistently since 2013. It pays a quarterly dividend of $0.1659 per share and has a dividend yield of 3.10%, as of July 17.
As of the close of Q1 2023, 44 hedge funds tracked by Insider Monkey owned stakes in The AES Corporation (NYSE:AES), the same as in the previous quarter. The collective worth of these stakes is over $1.11 billion.
Follow Aes Corp (NYSE:AES)
Follow Aes Corp (NYSE:AES)
You can also take a look at 10 Best Rising Penny Stocks to Buy and 11 Best Quality Dividend Stocks to Buy
