5 Growing Dividend Stocks with Low PE Ratios

4. International Seaways, Inc. (NYSE:INSW)

5-Year Average Annual Revenue Growth Rate: 37.40%
Forward P/E Ratio as of August 11: 4.30

International Seaways, Inc. (NYSE:INSW) is an American company that is primarily engaged in the transportation and shipping of crude oil and petroleum products. The company operates a fleet of tankers that transport these commodities on a global scale.

International Seaways, Inc. (NYSE:INSW) currently pays a quarterly dividend of $0.12 per share and has a dividend yield of 1.06%, as of August 11. In the past five years, its revenue has grown at an annual average rate of 37.40% and has a forward P/E multiple of 4.30x.

As of the close of Q1 2023, 35 hedge funds owned stakes in International Seaways, Inc. (NYSE:INSW), up from 30 in the previous quarter, as per Insider Monkey’s database. These stakes are worth collectively over $203.4 million.