5 Low PE High Dividend Stocks to Buy Now

2. Diana Shipping Inc. (NYSE:DSX)

P/E Ratio as of November 21: 5.60
Dividend Yield as of November 21: 17.29%

Diana Shipping Inc. (NYSE:DSX) is a global shipping company that primarily operates in the dry bulk shipping industry. The company owns and operates a fleet of dry bulk vessels used to transport various commodities. The company has raised its dividends regularly since the inception of its dividend policy in 2021. It currently pays a quarterly dividend of $0.15 per share and has a dividend yield of 17.29%, as of November 21.

At the end of the June quarter of 2023, 7 hedge funds tracked by Insider Monkey’s database owned stakes in Diana Shipping Inc. (NYSE:DSX), compared with 9 in the previous quarter. The total value of these stakes is roughly $20 million.

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