5 Best Undervalued Dividend Stocks to Buy Now

2. Universal Corporation (NYSE: UVV)

Number of Hedge Fund Holders: 9
Dividend Yield: 6.41%

Universal Corporation (NYSE: UVV) is a consumer staples company operating through its Tobacco Operations and Ingredients Operations segments. The company processes leaf tobacco and plant-based ingredients to supply consumers across the world. It ranks 2nd on our list of the best undervalued dividend stocks to buy now.

In the fiscal first quarter of 2022, Universal Corporation (NYSE: UVV) had an EPS of $0.30. The company’s revenue was $350 million, up 10.8% year over year. Universal Corporation (NYSE: UVV) has gained 7.02% in the past year.

By the end of the second quarter of 2021, 9 hedge funds out of the 873 tracked by Insider Monkey held stakes in Universal Corporation (NYSE: UVV) worth roughly $87 million. This is compared to 1o hedge funds in the previous quarter with a total stake value of approximately $93 million.