5 Low PE High Dividend Stocks to Buy Now

In this article, we discuss 5 low PE high-dividend stocks to buy now. If you want to read our detailed analysis of value dividend stocks and their previous performance, go directly to read 14 Low PE High Dividend Stocks to Buy Now. 

5. OneMain Holdings, Inc. (NYSE:OMF)

P/E Ratio as of November 21: 7.07
Dividend Yield as of November 21: 10.38%

OneMain Holdings, Inc. (NYSE:OMF) is an American financial services company that specializes in providing personal loans and other financial products to consumers across the country. The company currently offers a quarterly dividend of $1.00 per share and has a dividend yield of 10.38%, as of November 21. It started its dividend policy in 2019 and has raised its payouts every year since then, which makes OMF one of the best dividend stocks on our list.

At the end of Q2 2023, 26 hedge funds tracked by Insider Monkey reported having stakes in OneMain Holdings, Inc. (NYSE:OMF), compared with 33 in the previous quarter. The consolidated value of these stakes is more than $676.4 million.

4. British American Tobacco p.l.c. (NYSE:BTI)

P/E Ratio as of November 21: 6.58
Dividend Yield as of November 21: 9.06%

British American Tobacco p.l.c. (NYSE:BTI) is a London-based multinational tobacco company that is engaged in the manufacturing, marketing, and sale of tobacco and nicotine products. The company currently offers a quarterly dividend of $0.7006 per share and has been paying regular dividends to shareholders for the past 25 years. The stock has a dividend yield of 9.06%, as of November 21.

According to Insider Monkey’s database of Q2 2023, 22 hedge funds owned stakes in British American Tobacco p.l.c. (NYSE:BTI). The collective value of these stakes is roughly $500 million. With nearly 8 million shares, Orbis Investment Management was the company’s leading stakeholder in Q2.

3. Equinor ASA (NYSE:EQNR)

P/E Ratio as of November 21: 5.92
Dividend Yield as of November 21: 13.08%

Equinor ASA (NYSE:EQNR) is a multinational energy company primarily involved in the exploration, production, refining, and marketing of oil, natural gas, and renewable energy sources. The company currently offers a total cash dividend of $0.90 per share and has a dividend yield of 13.08%, as of November 21. It is one of the best dividend stocks on our list as the company has been paying regular dividends to shareholders since 2002.

As of the end of the second quarter of 2023, 13 hedge funds owned stakes in Equinor ASA (NYSE:EQNR), according to Insider Monkey’s database. The total value of these stakes is roughly $70 million.

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.

1. Organon & Co. (NYSE:OGN)

P/E Ratio as of November 21: 4.91
Dividend Yield as of November 21: 10.01%

Organon & Co. (NYSE:OGN) is a global healthcare company focused on women’s health, with a particular emphasis on providing solutions and products across various stages of women’s lives. The company tops our list of the best dividend stocks with a dividend yield of 10.01%, as of November 21. It currently pays a quarterly dividend of $0.28 per share and has been maintaining its payouts since 2021.

Organon & Co. (NYSE:OGN) was a part of 31 hedge fund portfolios at the end of Q2 2023, as per Insider Monkey’s database. The stakes owned by these hedge funds have a collective value of over $231 million.

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