5 Best Cheap Dividend Stocks To Buy Now

4. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Holders: 73
P/E Ratio as of August 20: 7.23

Pfizer Inc. (NYSE:PFE) is an American multinational pharmaceutical and biotech company. It currently pays a quarterly dividend of $0.41 per share and has a dividend yield of 4.47%, as of August 20. The company has been growing its dividends consistently for the past 13 years, which makes it one of the best dividend stocks on our list. As of August 20, the stock has a dividend yield of 4.47%.

As of the close of Q2 2023, 73 hedge funds in Insider Monkey’s database reported having stakes in Pfizer Inc. (NYSE:PFE), the same as in the previous quarter. The consolidated value of these stakes is over $1.5 billion. Citadel Investment Group was the company’s leading stakeholder in Q2.

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