5 Best Undervalued Dividend Stocks To Buy Now

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In this article, we discuss 5 best undervalued dividend stocks to buy now. If you want to read our detailed analysis of undervalued dividend stocks and their performance in the past, go directly to read 12 Best Undervalued Dividend Stocks To Buy Now

5. McKesson Corporation (NYSE:MCK)

Number of Hedge Fund Holders: 60
P/E Ratio as of November 7: 18.18

McKesson Corporation (NYSE:MCK) is a Texas-based major pharmaceutical distribution and healthcare solutions company. The company currently pays a quarterly dividend of $0.62 per share and has a dividend yield of 0.54%, as of November 7. It is one of the best dividend stocks on our list as the company has been raising its dividends consistently for the past seven years.

At the end of Q2 2023, 60 hedge funds tracked by Insider Monkey owned stakes in McKesson Corporation (NYSE:MCK), which remained unchanged from the previous quarter. The total value of these stakes is over $3 billion.

Follow Mckesson Corp (NYSE:MCK)


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