3 Undervalued Dividend Stocks for Long-Term Returns

The S&P 500 recently fell into a bear market, defined as a 20% year-to-date drop, which has ramifications for dividend stocks. The good news for investors is that the stock market decline has created buying opportunities for long-term investors. Valuations have come down, while dividend yields are relatively higher as share prices continue to fall. Investors looking for cheap dividend stocks have more options to choose from.

This group of dividend stocks have a high potential to provide long-term returns to investors who are seeking income. Skyworks Solutions (SWKS) is a semiconductor company that designs, develops and markets proprietary semiconductor products worldwide. Lennox International (LII) manufactures and sells HVAC products – heating, ventilation and air conditioning. Ally Financial (ALLY) provides financial services to consumers, businesses, automotive dealers and corporate clients.

Source: InvestorPlace

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