Published Mon, 29 Jun 2020 10:31:49 -0400 on Seeking Alpha
Seeking AlphaDividend Quick Picks4 Dividend Stocks To Own For The Remaining Of 2020Jun. 29, 2020 10:31 AM ET|| Includes: ABBV, KHC, RDS-A, RDS-B, Tby: Toni Nasr, CFAToni Nasr, CFA Long/short equity, CFA, research analyst, portfolio strategySummarySome companies managed to shine after the COVID-19 market crash and appeared to be a good investment opportunity for the remaining of 2020.
Strong financial metrics indicates that AbbVie, AT&T, Kraft Heinz and Royal Dutch Shell are undervalued when assessed from a dividend and potential growth perspective.
Those are not the only stocks expected to deliver quality results, but their stock price is trading at attractive entry points.
Since the start of 2020, the market has been struggling due to the slow global economic growth. When the Domino Effect of countries lockdown started in March, stock market experienced very high sell off volumes and prices decreased to records low. Now, as countries are getting back to work and despite fears of a second COVID-19 wave, many stocks can be considered a good opportunity for investors seeking attractive entry points. Securing positions at current prices can return attractive yields to shareholders with an upside capital gain potential.
Below are four stocks, which I consider good opportunities for the remaining of 2020 and that have attractive market prices.
Data by YCharts
AbbVie Inc. (ABBV)
AbbVie Inc. develops, manufactures, and sells pharmaceutical products that are used on a global level. The company has many products in its pipeline which might boost its future revenues. Its latest earnings were released last May, and were better than expected with $2.42 earnings per share, beating analysts' estimates by $0.17. On the revenues side, the firm earned $8.62 Billion during the quarter compared to an estimated $8.31 Billion.
Data by YCharts
Attractive Pipeline: Many late-stage candidates are currently in the pipeline and some products recently approved by... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|ROYAL DUTCH SHELL A||68.62||27.1||2.59||3.76||5.35|
|ROYAL DUTCH SHELL B||70.13||0.0||0.00||3.76||5.23|
Older articles featuring Abbvie (ABBV):Dividend Challenger Highlights: Week Of July 12
Retirement Strategy: An Obvious Future Dividend Aristocrat, But It Is Too Expensive To Buy Right Now
Merck: Amazing Oncology Division, Underwhelming Dividend Opportunity
My Dividend Growth Portfolio Half Time Report: 38 Holdings, 1 Buy, 3 Sells
Building A Retirement Portfolio With The Highest Quality, High-Yield Dividend Growth Stocks
Q2 2020 Dividend Report
Dividend Changes: June 27-July 3, 2020
Top 10 Healthcare Stocks For Dividend Growth And Income
Nicholas Ward's Dividend Growth Portfolio: June 2020 Update
Retirement Strategy: The Pandemic Is Still Here, So Is Dividend Growth Investing So Let's Update 'PRIP'