5 Dividend Stocks That are On Sale 30% or More

In this article, we discuss 5 dividend stocks that are on sale 30% or more. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read 10 Dividend Stocks That are On Sale 30% or More. 

5. UGI Corporation (NYSE:UGI)

3-year high-to-low share price decrease as of February 5: 50.4%

UGI Corporation (NYSE:UGI) is an American diversified energy company that operates in various segments of the energy industry, including the distribution, storage, and marketing of energy products. On January 31, the company declared a quarterly dividend of $0.375 per share, which was in line with its previous dividend. Overall, the company has been growing its dividends for 39 consecutive years. The stock has a dividend yield of 6.28%, as of February 6. UGI has experienced a significant decrease of 50.4% from its peak levels over the past three years.

At the end of Q3 2023, 29 hedge funds in Insider Monkey’s database owned investments in UGI Corporation (NYSE:UGI), growing from 22 in the previous quarter. These stakes have a collective value of nearly $292 million.

4. Nutrien Ltd. (NYSE:NTR)

3-year high-to-low share price decrease as of February 5: 55.2%

Nutrien Ltd. (NYSE:NTR) is next on our list of dividend stocks that are on sale for 30% or more. The stock of the global agricultural company reached its peak at $112 per share on April 14, 2022, marking its highest value within the preceding three years. However, since then, the stock has declined by 55.2%, as of February 5. Nutrien Ltd. (NYSE:NTR) currently pays a quarterly dividend of $0.53 per share and has a dividend yield of 4.13%, as of February 6. The company has been growing its dividends for the past four years.

The number of hedge funds tracked by Insider Monkey owning stakes in Nutrien Ltd. (NYSE:NTR) grew to 33 in Q3 2023, from 31 in the previous quarter. These stakes have a consolidated value of more than $526.3 million. Among these hedge funds, First Eagle Investment Management was the company’s leading stakeholder in Q3.

3. Pfizer Inc. (NYSE:PFE)

3-year high-to-low share price decrease as of February 5: 55.3%

An American biotechnology and pharmaceutical company, Pfizer Inc. (NYSE:PFE)’s stock declined by 55.3% from its highs over the past three years. The company maintains a 14-year streak of consistent dividend growth. It currently offers a quarterly dividend of $0.42 per share and has a dividend yield of 6.11%, as of February 6. It is among dividend stocks that are on sale.

Of the 910 hedge funds tracked by Insider Monkey at the end of Q3 2023, 73 funds owned stakes in Pfizer Inc. (NYSE:PFE), the same as in the previous quarter. These stakes are collectively valued at over $2.4 billion.

2. Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

3-year high-to-low share price decrease as of February 5: 59.9%

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is a multinational company operating in the pharmaceutical and retail sectors. It is one of the largest pharmacy store chains globally. In January this year, the company slashed its dividend by nearly half to $0.25 per share, after growing it for 47 consecutive years. The share price of the stock has dropped by close to 60% since it reached its peak in June 2021. WBA offers a dividend yield of 4.33%, as of February 6.

At the end of Q3 2023, 31 hedge funds in Insider Monkey’s database owned stakes in Walgreens Boots Alliance, Inc. (NASDAQ:WBA), worth nearly $460 million. With nearly 5.4 million shares, Marshall Wace LLP was the company’s leading stakeholder in Q3.

1. NextEra Energy Partners, LP (NYSE:NEP)

3-year high-to-low share price decrease as of February 5: 68.07%

NextEra Energy Partners, LP (NYSE:NEP) tops our list of dividend stocks that are on sale as the stock price has dropped by over 68%, after reaching its high in November 2021. The renewable energy company offers a quarterly dividend of $0.88 per share and has been raising its dividends every quarter since 2015. The stock has a dividend yield of 12.51%, as of February 6.

As of the close of the third quarter of 2023, 19 hedge funds in Insider Monkey’s database owned investments in NextEra Energy Partners, LP (NYSE:NEP), down slightly from 23 in the previous quarter. These stakes are collectively valued at roughly $191 million.

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