5 Oversold Dividend Stocks to Invest In

3. Willis Towers Watson Public Limited Company (NASDAQ:WTW)

14-Day RSI As of July 30: 24.7

Willis Towers Watson Public Limited Company (NASDAQ:WTW) is next on our list of the best dividend stocks. The American multinational insurance company has been growing its dividends consistently for the past seven years and currently pays a quarterly dividend of $0.84 per share. The company’s shares offer a dividend yield of 1.61% as of July 30.

In the second quarter of 2023, Willis Towers Watson Public Limited Company (NASDAQ:WTW) reported a 6.4% year-over-year growth in its revenue at $2.1 billion. For the six months that ended June 30, the company generated $430 million in operating cash flow and its free cash flow for the period came in at $350 million.

Of the 943 hedge funds in Insider Monkey’s database in Q1 2023, 42 funds owned stakes in Willis Towers Watson Public Limited Company (NASDAQ:WTW), growing from 36 in the previous quarter. These stakes have a total value of more than $1.65 billion.