5 Best Dividend Stocks with High Upside Potential

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1. Gray Television, Inc. (NYSE:GTN)

Upside Potential as of April 15: 109.1%

With an upside potential of over 109%, Gray Television, Inc. (NYSE:GTN) tops our list of the best dividend stocks to buy now. The American television broadcasting company’s quarterly dividend currently comes in at $0.08 per share. The stock has a dividend yield of 5.68%, as of April 15. GTN is also among the underperforming stocks insiders are buying.

As of the close of the December quarter of 2023, 23 hedge funds in Insider Monkey’s database reported having stakes in Gray Television, Inc. (NYSE:GTN), up from 21 in the previous quarter. The collective value of these stakes is over $135.5 million.

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You can also take a look at 11 Best Value Penny Stocks To Invest In Now and 12 Best Precious Metals Stocks to Invest In Now

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