5 Best Cheap Dividend Stocks To Buy Now

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In this article, we discuss 5 best cheap dividend stocks to buy now. If you want to read our detailed analysis of dividend stocks and their performance, go directly to read 12 Best Cheap Dividend Stocks To Buy Now

5. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 73
P/E Ratio as of August 20: 11.74

QUALCOMM Incorporated (NASDAQ:QCOM) is an American multinational tech company that is mainly known for its contributions to the development of wireless communication technologies and mobile computing. On July 14, the company declared a quarterly dividend of $0.80 per share, which was in line with its previous dividend. The stock offers a dividend yield of 2.91%, as of August 20.

The number of hedge funds tracked by Insider Monkey owning stakes in QUALCOMM Incorporated (NASDAQ:QCOM) jumped to 73 in Q2 2023, from 69 in the previous quarter. The total value of these stakes is over $2.3 billion.

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