5 Best Dividend Stocks Under $30

In this article, we discuss 5 best dividend stocks under $30. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read 12 Best Dividend Stocks Under $30. 

5. Lincoln National Corporation (NYSE:LNC)

Number of Hedge Fund Holders: 26
Share Price as of July 25: $27.8

Lincoln National Corporation (NYSE:LNC) is an American holding company that operates multiple insurance and investment management businesses. On May 25, the company announced a quarterly dividend of $0.45 per share, which was consistent with its previous dividend. The stock’s dividend yield on July 25 came in at 6.56%.

At the end of Q1 2023, 26 hedge funds tracked by Insider Monkey owned investments in Lincoln National Corporation (NYSE:LNC), worth roughly $195.3 million. Among these hedge funds, Citadel Investment Group was the company’s leading stakeholder with over 1.6 million shares.