10 Cheap Quarterly Dividend Stocks to Buy Now

3. Jack in the Box Inc. (NASDAQ:JACK)

Forward P/E Ratio as of April 27: 4.9

Jack in the Box Inc. (NASDAQ:JACK) is an American fast-food restaurant chain, headquartered in California. The stock presents an undervalued opportunity with significant growth potential in 2025. JACK’s strategic approach to capital allocation stands out, as it regularly returns surplus cash to shareholders through robust buybacks. In addition, the company’s focus on enhancing operational efficiency and boosting profitability strengthens the argument for investment.

In fiscal Q1 2025, Jack in the Box Inc. (NASDAQ:JACK) saw a 3.7% year-over-year decline in total revenue, reaching $469.4 million, mainly due to Del Taco’s refranchising efforts. The company’s net income for the quarter was $33.7 million. Same-store sales showed a slight increase of 0.4%, with franchise locations up by 0.5%, while company-owned stores experienced a slight decrease of 0.4%.

Although the financial results were mixed, Jack in the Box Inc. (NASDAQ:JACK) reported a strong cash position, generating over $105.6 million in operating cash flow, which was a significant improvement from the negative operating cash flow of $22,675 in the same period last year. The company has maintained consistent dividend payments since 2014. Currently, it offers a quarterly dividend of $0.44 per share and has a dividend yield of 7.18%, as of April 27. With a forward P/E ratio of 4.9, JACK is one of the best cheap quarterly dividend stocks.