Dividends4Life: 3 Cheap Dividend Stocks Trading Near Their 52-Week Lows

The markets have been doing very well over the past several weeks, and finding some good bargains has been a bit challenging of late. However, there are still some good deals out there, with the three dividend stocks listed below offering investors a good opportunity to lock in a higher-than-normal yield, since their share prices have been underperforming. These are great options for investors looking for some additional cash flow...

Canon (NYSE:CAJ) has had a pretty mediocre year and while it has recently rallied, the stock is still flat year to date. It saw a big decline in mid-July when the company reduced its forecast as a result of slowing demand from China. CBS (NYSE:CBS) has been on a significant decline over the past 12 months, falling close to 35% in value. It was about a year ago that the stock started to crash when the company announced that Les Moonves would no longer be its chairman amid news that Moonves was facing numerous sexual misconduct accusations. Luminex (NASDAQ:LMNX) has also run into some challenges this past year. Inconsistent financial results have been a bit of a problem for the biotech company, and that didn't change in its Q3 results, which were released earlier this month.

Source: Motley Fool

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