5 52-Week Low Dividend Stocks To Consider

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In this article, we discuss 5 52-week low dividend stocks to consider. If you want o read our detailed analysis of dividend stocks and their historical performance, go directly to read 12 52-Week Low Dividend Stocks To Consider

5. Iridium Communications Inc. (NASDAQ:IRDM)

Number of Hedge Fund Holders: 33
1-Year Share Price Decline as of March 18: 56.3%

Iridium Communications Inc. (NASDAQ:IRDM) is a Virginia-based mobile phone operator company that offers voice and data communications services to businesses, governments, and individuals worldwide through its network of low Earth orbit (LEO) satellites. The company started its dividend policy in 2022 and currently offers a quarterly dividend of $0.13 per share. The stock has a dividend yield of 1.96%, as of March 19.

According to Insider Monkey’s database of Q4 2023, 33 hedge funds held stakes in Iridium Communications Inc. (NASDAQ:IRDM), up from 28 in the previous quarter. The total value of these stakes is over $425.4 million. With over 2.6 million shares, Silver Heights Capital Management was the company’s leading stakeholder in Q4.

Follow Iridium Communications Inc. (NASDAQ:IRDM)


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