5 Value Stocks to Buy With High Dividend Yields

4. KeyCorp (NYSE:KEY)

P/E Ratio as of April 26: 5.93
Dividend Yield as of April 26: 7.82%

KeyCorp (NYSE:KEY) is an American commercial banking and financial services company. In April, Wells Fargo maintained an Overweight rating on the stock with a $17 price target. The firm mentioned that the company’s credit remains solid this year as well.

KeyCorp (NYSE:KEY), one of the best dividend stocks on our list, currently pays a quarterly dividend of $0.205 per share. The company has been raising its dividends consistently for the past 12 years. The stock has a dividend yield of 7.82%, as of April 26.

At the end of Q4 2022, 33 hedge funds in Insider Monkey’s database owned stakes in KeyCorp (NYSE:KEY), the same as in the previous quarter. The collective value of these stakes is over $582 million. With over 7.3 million shares, Adage Capital Management was the company’s leading stakeholder in Q4.