5 Under-the-Radar High Dividend Stocks to Invest in Now

In this article, we discuss 5 under-the-radar high-dividend stocks to invest in now. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read 12 Under-the-Radar High Dividend Stocks to Invest in Now. 

5. Avista Corporation (NYSE:AVA)

Dividend Yield as of April 27: 5.34%

Avista Corporation (NYSE:AVA) is an American energy company that specializes in the generation, transmission, and distribution of electricity and natural gas. The company pays a quarterly dividend of $0.475 per share, having raised it by 3.3% in February this year. This was the company’s 22nd consecutive year of dividend growth. The stock has a dividend yield of 5.34%, as of April 27.

At the end of December 2023, 17 hedge funds in Insider Monkey’s database held stakes in Avista Corporation (NYSE:AVA), up from 15 in the previous quarter. These stakes are collectively valued at over $45.8 million. Among these hedge funds, Millennium Management was the company’s leading stakeholder in Q4.