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5 Safe And Cheap Dividend Stocks To Invest In - November 2018 (Retirement Series)

Published Tue, 27 Nov 2018 09:00:00 -0500 on Seeking Alpha

Recently, the markets have been in turmoil and are down significantly from their all-time highs. It has tested the 10% correction a couple of times , and there is a classic battle between bulls and bears is going on. There is no good way to know if the current turmoil will develop into a full-blown correction or is it just a temporary blip on the market's upward trajectory. However, we cannot remain in fear and stand still; rather we should try to replace fear with opportunity. Irrespective of the market's gyrations, we are on the constant lookout for companies that may be trading cheap on the relative basis to the overall market as well as to their respective 52-week highs.
This article is part of our periodic series, where we scan the entire universe of roughly 7500 stocks that are listed and traded on the US exchanges, including over-the-counter (OTC) networks. We usually highlight 5 stocks that may have temporary difficulties and/or lost favor with the market and offering deep discounts on a relative basis. Please note that these are not recommendations to buy, but should be considered as a starting point for further research.
We start with a fairly simple question. If we were to invest in five large-cap, relatively safe, and dividend paying companies trading at cheap valuations, which companies would make the cut at the given moment? The objective here is to highlight and bring to the notice of the value-oriented readers, some of the DGI companies that may be... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
AT&T 32.27   12.0 2.68 2.04 6.32
ALTRIA GROUP 52.40   16.0 3.28 3.20 6.06
ENBRIDGE 37.47   23.3 1.61 2.20 5.92
VALERO ENERGY 76.22   11.6 6.55 3.60 4.48
TYSON FOODS 81.46   14.5 5.61 1.50 1.85
SPDR S&P 500 ETF 282.78   0.0 0.00 5.24 1.83