11 Best Value Dividend Stocks to Buy Now

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1. Black Hills Corporation (NYSE:BKH)

Forward P/E as of September 26: 13.70

Black Hills Corporation (NYSE:BKH) is an American diversified energy company that provides electric and gas utility services across South Dakota, Montana, Wyoming, Colorado, Arkansas, Kansas, Nebraska, and Iowa, while also selling power throughout the western states.

Black Hills Corporation (NYSE:BKH) is popular among long-term investors because the company is a Dividend King with 55 years of dividend growth. Currently, the company offers a quarterly dividend of $0.676 per share and has a dividend yield of 4.44%, as recorded on September 26.

Black Hills Corporation (NYSE:BKH) has been expanding its customer base at nearly three times the pace of overall U.S. population growth. This strong growth trend supports its position when seeking regulatory approval for future investments and rate adjustments. Black Hills is targeting long-term annual earnings growth of 4% to 6%, with dividend increases expected to follow that same path.

While we acknowledge the potential of BKH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BKH and that has 100x upside potential, check out our report about this cheapest AI stock.

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