Finding household-name stocks trading at P/E ratios below 15 is not easy in today's overvalued market. Finding strong brand name stocks with low P/E ratios and dividend yields above 3% is even more difficult. Three businesses that fit these exclusive characteristics are: GlaxoSmithKline (NYSE:GSK), ConocoPhillips (NYSE:COP), and AT&T (NYSE:T).
AT&T, GlaxoSmithKline, and ConocoPhillips all have strong dividend yields and trade at attractive valuation multiples. AT&T and GlaxoSmithKline are both involved in transactions that could potentially change the shape of both companies. The deals should increase shareholder value going forward. Both companies are relatively inexpensive based on their respective P/E multiples, and are likely to reward shareholders through both business growth and dividend payments in the future.
Source: Seeking Alpha
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3 Household-Name Stocks With Dividend Yields Over 3% And P/E Ratios Under 15
Posted by D4L | Monday, August 04, 2014 | ArticleLinks | 0 comments »________________________________________________________________
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