5 Best High Dividend Stocks Under $100

In this article, we discuss 5 best high dividend stocks under $100. If you want to read our detailed analysis of high dividend stocks and their performance over the years, go directly to read 12 Best High Dividend Stocks Under $100.

5. ONEOK, Inc. (NYSE:OKE)

Number of Hedge Fund Holders: 27
Dividend Yield as of March 19: 5.05%
Share Price as of March 19: $78.44

ONEOK, Inc. (NYSE:OKE) is a leading energy company primarily involved in the gathering, processing, storage, and transportation of natural gas and natural gas liquids in the US. The company declared a nearly 4% hike in its quarterly dividend to $0.99 per share in January this year. In its recent quarterly earnings, the company mentioned that it is targeting an annual dividend growth rate ranging between 3% to 4%. The stock has a dividend yield of 5.05% as of March 19, which makes OKE one of the best dividend stocks with high yields.

As per Insider Monkey’s database of Q4 2023, 27 hedge funds held stakes in ONEOK, Inc. (NYSE:OKE), down from 36 in the previous quarter. These stakes are collectively valued at over $593.2 million. With over 3 million shares, First Eagle Investment Management was the company’s leading stakeholder in Q4.