These Were Last Week’s 10 Worst Dividend Stocks

6. Embecta Corp. (NASDAQ:EMBC)

Dividend yield: 4.04%

Dividend payout ratio: 60.61%

Ex-Dividend Date: February 28, 2025

Number of Hedge Funds: 22

During the last week, between February 10 and February 14, 2025, Embecta Corp. (NASDAQ:EMBC) saw a decline of 14.36% in its value, despite the company receiving an upgrade from Neutral to Buy by BTIG.

One of the most significant declines on our list, the fall of 14.36% of Embecta Corp.’s (NASDAQ:EMBC) value, was primarily contributed by insider selling. Director Milton Mayo Morries sold a significant portion of the company’s stocks on February 13, 2025. The total value of the transaction stood at $50,778, with the price per share at $16.38. After the transaction, the shares owned by the director reduced to 36,133 shares, which is valued at around $591,858. Embecta Corp. (NASDAQ:EMBC) also announced its intention to abandon its insulin patch pump program due to external pressures from competitors and high costs after announcing its FDA approval in the last quarter.

The dividend yield offered by the company stands at 4.04%. Embecta Corp. (NASDAQ:EMBC) backs up the dividend with its payout ratio of 60.61%. This indicates a healthy balance between earnings for reinvestment and dividend payments. Embecta Corp. is part of 22 hedge fund portfolios in Insider Monkey’s database. It reflects institutional investors’ interest in the stock. The next dividend payment date is March 14, 2025.