3 Dividend Stocks That Are Safe, Cheap and Growing

AstraZeneca plc (AZN), a $60 billion biopharmaceutical company focused on a number of different areas of healthcare, trades at just 7.36x its trailing 12-month earnings and offers investors a large 8.29% dividend yield. Five analysts covering the firm also believe on average that shares will hit $47.80 over the coming year.

Mercury General Corporation (MCY, Free Analysis), a provider of automobile insurance in a number of states including California, has seen its shares rise 7.77% so far in 2010 despite a tough economic environment. Still, the stock trades at just 6.36x its trailing 12-month earnings and pays a healthy dividend yield of 5.58%.

Source: SumFolio


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