5 Best Undervalued Dividend Stocks To Buy Now

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1. JPMorgan Chase & Co. (NYSE:JPM)

Number of Hedge Fund Holders: 106
P/E Ratio as of November 7: 8.60

JPMorgan Chase & Co. (NYSE:JPM) tops our list of the best dividend stocks to buy now. The American financial services company pays a quarterly dividend of $1.05 per share, having raised it by 5% in September this year. The stock’s dividend yield on November 7 came in at 2.92%.

According to Insider Monkey’s database of Q2 2023, 106 hedge funds owned stakes in JPMorgan Chase & Co. (NYSE:JPM), compared with 112 in the preceding quarter. The collective value of these stakes is over $4.38 billion.

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You can also take a look at 12 Best Small-Cap Biotech Stocks with Massive Potential According to Hedge Funds and 12 Stocks that Could Skyrocket According to Investment Newsletters

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