5 Cheapest Dividend Aristocrats Right Now

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1. Archer-Daniels-Midland Company (NYSE:ADM)

P/E Ratio as of January 29: 7.24

Archer-Daniels-Midland Company (NYSE:ADM) tops our list of the best dividend aristocrat stocks. Recently, the company announced its 51st consecutive annual dividend hike. It currently offers a quarterly dividend of $0.50 per share and has a dividend yield of 3.75%, as of January 29.

As of the end of Q3 2023, 37 hedge funds in Insider Monkey’s database reported holding stakes in Archer-Daniels-Midland Company (NYSE:ADM), up from 32 in the preceding quarter. The total value of these stakes is over $769 million.

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You can also take a look at 12 Best Foreign Dividend Stocks To Invest In and 25 Best Dividend Growth Stocks to Buy and Hold in 2024

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