5 Best Affordable Dividend Stocks to Buy

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1. Telefónica, S.A. (NYSE:TEF)

Share Price as of February 26: $4.12
P/E Ratio as of February 26: 12.48

Telefónica, S.A. (NYSE:TEF) is one of the world’s largest telephone operators and mobile network providers, based in Spain. The company currently pays a semi-annual dividend of $0.1553 per share and has a dividend yield of 7.63%, as recorded on February 26.

In February, Bryan Garnier initiated its coverage of Telefónica, S.A. (NYSE:TEF) with a Neutral rating, expressing concerns regarding the company’s revenue growth in 2023.

As of the close of Q4 2022, 5 hedge funds tracked by Insider Monkey reported having stakes in Telefónica, S.A. (NYSE:TEF), the same as in the previous quarter. The collective value of these stakes is over $16.3 million.

Follow Telefonica S A (NYSE:TEF)

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