5 Oversold Dividend Stocks To Buy Now

In this article, we discuss 5 oversold dividend stocks to buy now. If you want to read our detailed analysis of dividend stocks and their previous performance, go directly to read 12 Oversold Dividend Stocks to Buy Now.

5. Rogers Communications Inc. (NYSE:RCI)

14-Day RSI As of March 30: 27.6

Rogers Communications Inc. (NYSE:RCI) is a Canadian communications and media company that offers services and products related to wireless communications, cable television, media broadcasting, and the internet. On February 1, the company declared a quarterly dividend of C$0.50 per share, which was in line with its previous dividend. Overall, it has been paying regular dividends to shareholders for nearly 20 years, which makes RCI one of the best dividend stocks on our list. The stock’s dividend yield on March 30 came in at 3.6%.

At the end of the fourth quarter of 2023, 23 hedge funds in Insider Monkey’s database reported having stakes in Rogers Communications Inc. (NYSE:RCI), compared with 24 in the preceding quarter. The collective value of these stakes is over $586.2 million. With roughly 2.6 million shares, Point72 Asset Management was the company’s leading stakeholder in Q4.