5 Best Undervalued Dividend Stocks To Buy Now

2. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Holders: 73
P/E Ratio as of November 7: 17.04

Pfizer Inc. (NYSE:PFE) is a major American pharmaceutical company that specializes in the development, manufacturing, and marketing of pharmaceutical products and healthcare solutions. The company offers a per-share dividend of $0.41 every quarter and has a dividend yield of 5.26%, as of November 7. The company holds a 13-year track record of dividend growth, which makes PFE one of the best dividend stocks on our list.

With a collective value of over $1.5 billion, 73 hedge funds in Insider Monkey’s database owned positions in Pfizer Inc. (NYSE:PFE) in Q2 2023. The number of hedge funds having stakes in the company remained the same in the previous quarter as well.

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