5 Oversold Dividend Stocks to Invest In

4. Omega Flex, Inc. (NASDAQ:OFLX)

14-Day RSI As of July 30: 25.1

Omega Flex, Inc. (NASDAQ:OFLX) is an American company that specializes in the manufacturing and distribution of flexible metal hoses and related products. On June 13, the company hiked its quarterly dividend by 3.1% to $0.33 per share. Through this increase, the company stretched its dividend growth streak to three years, maintaining its position as one of the best dividend stocks on our list. The stock’s dividend yield on July 30 came in at 1.52%.

Omega Flex, Inc. (NASDAQ:OFLX) has a 14-day RSI of 25.1, as reported on July 30.

The number of hedge funds tracked by Insider Monkey owning stakes in Omega Flex, Inc. (NASDAQ:OFLX) grew to 6 in Q1 2023, from 2 in the previous quarter. The total value of these stakes is over $4.5 million. With 9.6 million shares, Citadel Investment Group was the company’s leading stakeholder in Q1.

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