Dividends4Life: 7 Cheap Dividend Stocks to Buy Now

7 Cheap Dividend Stocks to Buy Now

Posted by D4L | Sunday, April 02, 2017 | | 0 comments »

Finding cheap dividend stocks that are actually buy-worthy is tough. On the one hand, you’re looking for significant dividend yield. On the other hand, you’d also like to invest in a business that’s still growing. And on the third hand, you don’t want to overpay. On top of all that, macroeconomic risks are a constant concern, primarily with interest rates possibly going up. Today, I’m looking at seven cheap dividend stocks to buy now. I’m defining a cheap dividend stock as one that trades at a discount to free cash flow value, and I’m only looking at companies with sound businesses that yield 4% or more.

AT&T Inc.’s (T) pending acquisition of Time Warner Inc (TWX) is progressing. FCC Chairman Ajit Pai said he doesn’t see a role for his agency in the review process of the takeover. Although Cheniere Energy Partners LP (CQP) shares already rallied around 7% in the past month, CQP is still an inexpensive stock. Its forward P/E is sitting around 13 on a dividend that’s more than 5%. Teva Pharmaceutical (TEVA) Industries Ltd increased its market share in the generic drugs world by acquiring the Actavis generics business from Allergan (AGN) last year. Seagate Technology (STX) yields more than 5% and trades at around 10 times forward earnings estimates. Moreover, this generous yield is plenty covered by the strong business. Kohl’s Corporation (KSS) fell by more than 25% from yearly highs after issuing a lower earnings forecast. Valero Energy Corporation (VLO) is among the best cheap dividend stocks in the energy sector — despite the fact that it’s trading around its 52-week highs. Macy’s Inc. (M) is the last of our cheap dividend stocks to buy now, and it looks beaten-up enough to deserve a look.

Source: Kiplinger

Related Articles:
- Managing Risk With Dividend Stocks
- If Only I Had Known About These Dividend Stocks...
- 13 Dividend Stocks and 3 ETFs To Balance Your Asset Allocation
- 4 Communications Services Stocks With Increasing Dividends
- 5 Stocks With Room To Grow Their Dividend

________________________________________________________________

0 comments

Post a Comment

Note: Only a member of this blog may post a comment.

Dividend Growth Stocks News

~

Popular Posts Last 30 Days