In this article, we will take a look at the 14 Low PE High Dividend Stocks to Buy Right Now. 

Dividend investors are often split between high yields and dividend growth. High dividend yields are sometimes viewed with suspicion. Many investors associate them with so-called “yield traps.” Even so, over time, they have delivered steady and reliable performance.

According to Nuveen, dividend yields have gradually declined over the past decade as stock prices posted stronger gains. The firm noted that while dividend yields have steadily declined over the past decade because of above-average price returns, capital returns to shareholders have remained strong, and more companies are beginning to pay dividends. The report also suggested that dividends could receive a bit more attention going forward. Share buybacks are still expected to dominate capital returns. Yet companies may slowly lean more toward dividend growth in 2026 as valuations remain elevated.

At the sector level, information technology, financials, and industrials appear positioned for stronger dividend growth. In contrast, slower-growing and higher-yielding sectors such as consumer staples, utilities, and consumer discretionary are expected to deliver more modest single-digit increases.

Nuveen also believes many companies remain in a good position to keep raising dividends over the long term. In the US, corporate balance sheets are still healthy. Consumers have remained resilient. Earnings growth is also expected to pick up further in 2026. Data from FactSet shows that S&P 500 dividends per share rose 4% in 2025. Consensus estimates point to another 5% increase in 2026.

Given this, we will take a look at some of the best dividend stocks to invest in.

Our Methodology:

To compile this list, we filtered for dividend stocks with a forward P/E ratio below 23 and dividend yields of around 3%, as of March 10. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).

14. Cullen/Frost Bankers, Inc. (NYSE:CFR)

Dividend Yield as of March 10: 2.96%

Forward P/E Ratio: 13.26

On March 3, Cantor Fitzgerald raised its price recommendation on Cullen/Frost Bankers, Inc. (NYSE:CFR) to $152 from $141. The firm kept a Neutral rating on the stock. The analyst said bank stocks went through a volatile week. Several issues weighed on the sector at the same time. These included renewed tariff concerns, the collapse of UK-based Market Financial Solutions, ongoing worries about AI-driven job losses, and a January PPI reading that came in above expectations. Taken together, these developments added to short-term uncertainty. Even so, Cantor said it remains optimistic about the sector heading into 2026, according to the firm’s research note.

During the company’s earnings call, management said it expects net interest income to grow roughly 3% to 5% in 2026. CFO Dan Geddes also pointed to a slight improvement in the bank’s net interest margin. He said the margin could increase by about 5 to 10 basis points compared with the full-year 2025 level of 3.66%. Loan growth is also expected to remain steady. The company projects average loan balances for the full year to rise between 5% and 7%.

Average deposits are expected to grow more slowly, likely increasing by around 2% to 3%. Management also expects noninterest income to climb about 4% to 5%. Noninterest expenses are projected to rise a bit faster, in the range of 5% to 6%. Geddes added that the bank expects full-year 2026 net charge-offs to come in between 20 and 25 basis points of average loans.

Cullen/Frost Bankers, Inc. (NYSE:CFR) is a U.S. bank holding company that offers a broad range of financial products and services across several markets in Texas.

13. APA Corporation (NASDAQ:APA)

Dividend Yield as of March 10: 3.08%

Forward P/E Ratio: 14.68

On March 5, RBC Capital raised its price recommendation on APA Corporation (NASDAQ:APA) to $29 from $26. The firm reiterated a Sector Perform rating on the shares. The analyst said the stock has been supported by strong oil prices, given its close beta correlation to oil. APA also reported solid Q4 earnings and guidance last week, which added to the positive momentum, according to the research note. The firm still holds a neutral view on the shares. RBC pointed to longer-dated catalysts, relative valuation, and the company’s shorter inventory duration as factors behind that stance.

During the company’s Q4 2025 earnings call, CEO John Christmann described 2025 as a very successful year for APA. He said the period was marked by steady progress on the company’s strategic priorities and strong execution across its asset base. Christmann also highlighted the company’s cost discipline. He noted that APA had originally set a goal of cutting controllable spending by $350 million on a run-rate basis by the end of 2027.

According to him, the company exceeded that target much earlier than planned. It now expects to exit 2026 with a run rate of about $450 million. Christmann also said APA met or exceeded its oil production guidance in the Permian every quarter during 2025. This happened even as the company operated with a capital budget that came in lower than initially planned. He added that APA made meaningful progress in evaluating its Permian Basin inventory. That work, he said, has strengthened confidence in the company’s ability to sustain long-term oil production while improving capital efficiency.

Turning to Egypt, Christmann said more focused activity under a revised gas pricing framework supported solid production growth. He indicated that gas output in the region is expected to reach roughly 540 million to 550 million cubic feet per day this year.

APA Corporation (NASDAQ:APA) is an independent energy company. The company owns subsidiaries that explore for and produce oil and natural gas in the United States, Egypt, and the United Kingdom, and that explore for oil and natural gas offshore Suriname.