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

Published Mon, 01 Jul 2019 08:00:00 -0400 on Seeking Alpha

The markets have been somewhat choppy and volatile during May-June, to say the least, even though the broad indexes stand exactly at a level where they were at the end of April.
Back in May, the markets were blindsided due to the sudden escalation in trade disputes with China and the realization that a trade deal with China was far from a done deal. Even though the trade-issue is far from resolved and for sure, there are other concerns like slowing GDP growth and geopolitical issues, but markets have recovered strongly on the hopes of multiple rate-cuts by the Feds. It appears that the markets have come to believe in a Goldilocks situation, where either the things will keep going well or if they do not, the Feds would save the day for us.

S&P 500 ETF ( 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 offer sustainable and growing dividends and maybe trading cheap on a relative basis to the broader market as well as to their respective 52-week highs. 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. In addition, we think, every month, this analysis is able to highlight some companies that otherwise would not be on our radar.
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... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
VALERO ENERGY 83.70   13.8 6.06 3.60 4.41
NETAPP 56.36   14.4 3.90 1.92 3.52
ROYAL CARIBBEAN CRUISES 113.27   12.9 8.80 3.12 2.46
BANK OF AMERICA 29.67   10.6 2.80 0.72 2.45
BOEING 375.63   44.0 8.54 8.22 2.22
LAM RESEARCH 234.87   17.1 13.72 4.60 1.90
SPDR S&P 500 ETF 301.29   0.0 0.00 5.42 1.82

VALERO ENERGY - VLO
VALERO ENERGY - VLO  


Older articles featuring Valero Energy (VLO):
Phillips 66: Another Reason To Love This Dividend Growth Aristocrat
My Dividend Growth Portfolio: Q3 2019 Summary
10 Dividend Growth Stocks For September 2019
The Retiree's Dividend Portfolio - John's August Update: Portfolio Value Reaches A Record High
5 Safe And Cheap Dividend Stocks To Invest (August 2019)
The Retiree's Dividend Portfolio - John's June Update: Why We Dropped Boeing
Dividend Challenger Highlights: Week Of July 28
My Dividend Growth Portfolio: Q2 2019 Summary
The Retiree's Dividend Portfolio - John's May Update: When It Becomes Hard To Find A Good Deal
The Rose Portfolio Muddles Through May With Value Down And Dividend Yield Up To 4.9%

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