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5 Safe And Cheap Dividend Stocks To Invest (April 2019)

Published Sat, 27 Apr 2019 09:00:00 -0400 on Seeking Alpha

The markets have continued their steady upward trend since the beginning of this year, as visible from the chart below. The market appears to be ready to breach the all-time highs made in Sept. 2018. Therefore, stocks, as represented by the broader indexes, are no longer cheap.

S&P 500 ETF (NYSEARCA: SPY) six-month chart, courtesy Yahoo Finance
Irrespective of the market's day-to-day gyrations, we remain on the constant lookout for companies that may be trading cheap on a relative basis to the broader market as well as to their respective 52-week highs. We also look at the sustainable dividend payout. We believe in keeping a buy-list handy and dry-powder ready so that we are able to use the opportunity when the time is right.
This article is part of our monthly series where we scan the entire universe of roughly 7,500 stocks that are listed and traded on the US exchanges, including over-the-counter (OTC) networks. We usually highlight five stocks that may have temporary difficulties and/or lost favor with the market and offering deep discounts on a relative basis. However, that is not the only criteria that we apply. While seeking cheaper valuations, we also demand that the companies have an established business model, solid dividend history, manageable debt and investment-grade credit rating. 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 goal. We want... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ALTRIA GROUP 46.41   13.8 3.36 3.20 6.92
OCCIDENTAL PETROLEUM 44.70   8.8 5.05 3.16 6.89
ABBVIE 65.97   24.2 2.72 4.28 6.34
VALERO ENERGY 77.42   12.8 6.06 3.60 4.61
REGIONS FINANCIAL 14.25   8.8 1.61 0.62 4.00
EASTMAN CHEMICAL 61.83   9.6 6.47 2.48 3.78
STATE STREET 51.14   9.3 5.51 1.88 3.72
BLACKROCK 407.25   15.5 26.34 13.20 3.14
AMGEN 199.08   15.8 12.62 5.80 2.84
MEDTRONIC 107.83   33.0 3.27 2.16 2.02

ALTRIA GROUP - MO
ALTRIA GROUP - MO  


Older articles featuring Altria Group (MO):
How To Retire: Eat Dividends For Breakfast
The Retirees' Dividend Portfolio - John And Jane's July Taxable Account Update: Looking To The VIX Index
Dividends And Side Hustles Portfolio - July 2019 Highlights
My Dividend Growth Portfolio July Update: 41 Holdings, 5 Buys, 1 Sell, 1 Covered Call
The Most Undervalued And Overvalued Dividend Champions - August 2019
The Retiree's Dividend Portfolio - John's June Update: Why We Dropped Boeing
High Yielders
Expected Dividend Increases In August 2019
The Best Dividend Aristocrats You Can Buy In August
10 Recession-Proof High-Yield Blue Chips With Market-Beating Potential

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