These Dividend Stocks Fell Between 1% and 20% in 2024. Here's Why They Are Too Cheap to Ignore and Worth Buying in 2025.

Group 1: Kraft Heinz - Kraft Heinz is currently trading at a four-year low, with a significant decline of 17% in 2024 and a poor start to 2025, resulting in a dividend yield of 5.5% [2][3] - The company's revenue is expected to decline by 2% to flat compared to the previous year, with adjusted operating income and earnings per share projected to increase by only 1% to 3% [3][4] - Despite stagnation in growth, Kraft Heinz is generating sufficient earnings to maintain its dividend, with an estimated adjusted EPS of $3.01 to $3.07 against a forward dividend of $1.60 per share [5][6] - The forward price-to-earnings ratio has dropped to 9.6, making it an attractive option for value-oriented investors despite the lack of growth [7] Group 2: Kenvue - Kenvue, a spin-off from Johnson & Johnson, has faced challenges since its market debut in 2023, with a slight decline in stock value in 2024 and trading at a discount compared to peers [8][9] - The operational underperformance in its skin health and beauty segment has led to a 3.2% year-over-year sales decline, although other segments like self-care and essential health are performing well with sales increases of 1.5% and 5.7% respectively [10][11] - Kenvue's valuation at 17 times forward earnings estimates and a near 4% dividend yield positions it as a classic value stock candidate, with potential upside if management improves marketing and in-store presence [12] Group 3: Middlesex Water - Middlesex Water experienced a nearly 20% decline in stock value in 2024, despite reporting strong financial results, including a 43% year-over-year increase in diluted earnings per share [13][15] - The company has a long history of consistent dividend increases, having raised its dividend for 52 consecutive years, making it appealing for dividend-seeking investors [14][16] - Currently trading at about 13.4 times operating cash flow, Middlesex Water is significantly undervalued compared to its five-year average of 25.1, presenting a buying opportunity for income investors [17]