10 Undervalued Dividend Aristocrats To Buy According to Analysts

In this article, we discuss 10 undervalued dividend aristocrats to buy according to analysts. If you want to read our detailed analysis of dividend aristocrats and their performance over the years, go directly to read 30 Undervalued Dividend Aristocrats To Buy According to Analysts. 

10. General Dynamics Corporation (NYSE:GD)

Average Analyst Rating Score: 2.1
P/E Ratio as of March 16: 22.9

General Dynamics Corporation (NYSE:GD) is a Virginia-based aerospace and defense company. It plays a significant role in the defense industry, supplying equipment and services to the United States military and other armed forces around the world. On March 6, the company declared a 7.6% hike in its quarterly dividend to $1.42 per share. This marked the company’s 27th consecutive annual dividend hike. The stock offers a dividend yield of 2.06%, as of March 16. With a P/E ratio of 22.9, GD is one of the best dividend aristocrat stocks on our list.

The number of hedge funds owning stakes in General Dynamics Corporation (NYSE:GD) jumped to 49 in Q4 2023, from 39 in the previous quarter, as per Insider Monkey’s database. These stakes have a collective value of over $8.6 billion.