5 Best Value Dividend Stocks To Buy

In this article, we discuss 5 of the best value dividend stocks to buy. If you want to see more of the best value dividend stocks to buy, go directly to 12 Best Value Dividend Stocks To Buy.

5. Crown Castle International Corp. (NYSE:CCI)

Dividend Yield as of 10/24: 5.11%

Number of Hedge Fund Holders: 48

Crown Castle International Corp. (NYSE:CCI) has fallen 41% year to date due to the interest rate increases which have made the firm’s dividend less attractive. The company also faces headwinds such as margin pressure and power cost inflation. Nevertheless, Crown Castle International Corp. (NYSE:CCI) has a dividend yield of 5.11% as of 10/24 and analysts have an average target price of $164.76 per share.

ClearBridge Investments commented on Crown Castle International Corp. (NYSE:CCI) in a first quarter 2022 investor letter,

Crown Castle is the leading independent owner and operator of wireless communications infrastructure in the U.S. with a portfolio of approximately 40,000 towers. The stock underperformed as, driven by rising interest rates, investors rotated away from defensive into more value-oriented sectors. Communications infrastructure remains attractive, however, as companies continue to deploy greater capital spend to support the strong tailwinds from 5G.