5 Best Low-Priced Dividend Stocks to Buy

1. AT&T Inc. (NYSE:T)

Share Price as of January 23: $29.29
P/E Ratio as of January 23: 7.89

AT&T Inc. (NYSE:T) is an American multinational telecommunications company that provides mobile phone telephone services to its consumers. The company is among the best low-priced dividend stocks on our list, with a P/E ratio of 7.89 and a share price of $29.2, as of January 23.

On December 15, AT&T Inc. (NYSE:T) declared a quarterly dividend of $0.2775 per share, which fell in line with its previous dividend. The company has been raising its dividends consistently for the past 12 years. As of January 23, the stock has a dividend yield of 5.81%.

At the end of Q3 2022, 61 hedge funds tracked by Insider Monkey owned stakes in AT&T Inc. (NYSE:T), up from 55 a quarter earlier. The collective value of these stakes is over $1.53 billion.

Chartwell Investment Partners mentioned AT&T Inc. (NYSE:T) in its Q2 2022 investor letter. Here is what the firm has to say:

“In the Dividend Equity accounts, the three best performers in Q2 includes AT&T (NYSE:T, 2.5%), up 17.1%. AT&T completed the spin of the WarnerMedia business (HBO, CNN, etc.), and the market seemed to like the “back-to-basics” approach. Also, the telco business is expected to do relatively well in an inflationary environment.”

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