5 Best Value Dividend Stocks To Buy

2. Lowe’s Companies, Inc. (NYSE:LOW)

Dividend Yield as of 10/24: 2.24%

Number of Hedge Fund Holders: 53

Lowe’s Companies, Inc. (NYSE:LOW) is down 27% year to date given that demand for home improvement has softened with the higher mortgage rates. Although there could be more downside in the near term, Lowe’s Companies, Inc. (NYSE:LOW) has a quality business and the stock is arguably a value stock given the forward P/E ratio of 12.99 and average analyst price target of $240.6. Lowe’s Companies, Inc. (NYSE:LOW) also has a dividend yield of 2.24% as of 10/24.