5 Best Dividend Stocks Under $25

4. Associated Banc-Corp (NYSE:ASB)

Number of Hedge Fund Holders: 21
Share Price as of July 17: $17.39

Associated Banc-Corp (NYSE:ASB) is an American regional bank holding company that offers a wide range of financial services to individuals, businesses, and institutional clients. In the first quarter of 2023, the company reported revenue of $336 million, which showed a 28.2% growth from the prior-year period. At the end of March 31, the company had over $311.2 million available in cash available.

Associated Banc-Corp (NYSE:ASB) offers a quarterly dividend of $0.21 per share and has a dividend yield of 4.84%, as recorded on July 17. In the most recent quarter, the company’s dividend payout ratio came in at 31.34%, which makes it one of the best dividend stocks on our list.

As of the close of Q1 2023, 21 hedge funds in Insider Monkey’s database reported having stakes in Associated Banc-Corp (NYSE:ASB), worth collectively over $120.3 million. With roughly 3 million shares, Pzena Investment Management was the company’s leading stakeholder in Q1.