5 Cheap Dividend Stocks with Payout Ratio Under 40%

1. Value Line, Inc. (NASDAQ: VALU)

Number of Hedge Fund Holders: 2
Dividend Yield: 1.10%

Payout Ratio: 35%

Value Line, Inc. (NASDAQ: VALU) is a financial services company that produces and sells investment periodicals and related publications primarily in the US. The company ranks 1st on our list of cheap dividend stocks with payout ratio under 40%.

In the second quarter of 2021, Value Line, Inc. (NASDAQ: VALU) had an EPS of $0.64, beating the previous quarter’s EPS of $0.63. The company’s revenue was $1.59 million, up 18.62% year over year and beating the previous quarter’s revenue of $1.19 million. Value Line, Inc. (NASDAQ: VALU) has gained 28.21% in the past 6 months and 21.56% year to date.

By the end of the second quarter of 2021, 2 hedge funds out of the 873 tracked by Insider Monkey held stakes in Value Line, Inc. (NASDAQ: VALU) worth roughly $2.6 million. This is compared to 2 hedge funds in the previous quarter with a total stake value of approximately $2.4 million.

See also 10 Best Stocks Under $10 to Buy Right Now and 25 Best Things To Buy On Amazon Under 20.

Follow Insider Monkey on Twitter