5 Cheap High Dividend Stocks To Invest In Now

3. Vale SA (NYSE:VALE)

Number of Hedge Fund Investors: 34

Brazilian metals and mining giant Vale SA (NYSE:VALE) is a high dividend stock trading at low earnings multiples as of April 5. Vale SA (NYSE:VALE) is currently struggling amid declining iron ore prices and China property slump. Vale SA’s (NYSE:VALE) dividend is not among the safest out there, but yield and Vale SA’s (NYSE:VALE) size in addition to long-term growth catalysts make it an attractive stock.

A total of 34 hedge funds tracked by Insider Monkey had stakes in Vale SA (NYSE:VALE) as of the end of the last quarter.