13 Incredibly Cheap Dividend Stocks to Invest In

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11. A. O. Smith Corporation (NYSE:AOS)

Forward P/E as of September 19: 17.30

A. O. Smith Corporation (NYSE:AOS) ranks among the biggest producers of residential and commercial water heaters, boilers, and water treatment systems in North America. Its products reach customers through an extensive distribution network, supported by long-standing partnerships such as its relationship with Lowe’s.

Currently, A. O. Smith Corporation (NYSE:AOS) is focused on strengthening its market position in North America, advancing energy-efficient technologies, and expanding its presence in international markets like China and India. Its long-term performance relies on controlling raw material costs, broadening its product lineup with innovations like high-efficiency water heaters, and sustaining strong distribution ties both at home and abroad.

A. O. Smith Corporation (NYSE:AOS) is one of the best dividend stocks with 32 consecutive years of dividend growth under its belt. The company currently offers a quarterly dividend of $0.34 per share and has a dividend yield of 1.86%, as of September 19.

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