5 Cheap Quarterly Dividend Stocks to Buy

3. JPMorgan Chase & Co. (NYSE:JPM)

Number of Hedge Fund Holders: 100

Dividend Yield as of 3/29: 3.10%

JPMorgan Chase & Co. (NYSE:JPM) is the largest bank in the United States by assets whose shares have declined given the weakness in leading financial blue chip stocks after the failure of several regional banks. Nevertheless, JPMorgan Chase & Co. (NYSE:JPM) likely benefits in the long term as some deposits likely moved from regional banks into JPMorgan Chase & Co. (NYSE:JPM) as a result of the regional bank weakness. Bloomberg recently reported that the FDIC is considering making the biggest banks in the U.S. pay more in terms of their share of the smaller bank failure costs which currently is around $23 billion, however. As of March 30, JPMorgan Chase & Co. (NYSE:JPM) has a forward P/E ratio of 9.6.