5 Cheap Dividend Stocks with High Yields

In this article, we discuss 5 cheap dividend stocks with high yields. If you want to read our detailed analysis of dividend stocks and their performance in the past, go directly to read 10 Cheap Dividend Stocks with High Yields. 

5. Enterprise Products Partners L.P. (NYSE:EPD)

P/E Ratio as of December 7: 10.70
Dividend Yield as of December 7: 7.60%

Enterprise Products Partners L.P. (NYSE:EPD) is an American midstream energy company that operates across various aspects of the energy value chain. The company’s quarterly dividend currently stands at $0.50 per share and has a dividend yield of 7.60%, as of December 7. It is one of the best dividend stocks on our list as the company has been raising its dividends for 24 consecutive years.

The number of hedge funds in Insider Monkey’s database owning stakes in Enterprise Products Partners L.P. (NYSE:EPD) stood at 25 in Q3 2023, which remained the same as the previous quarter. These stakes have a total value of over $325.2 million.