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5 Safe And Cheap Dividend Stocks To Invest In (November 2020)

Published Sat, 07 Nov 2020 09:33:00 -0500 on Seeking Alpha

Seeking AlphaDividend Strategy5 Safe And Cheap Dividend Stocks To Invest In (November 2020)Nov. 7, 2020 9:33 AM ET|| Includes: ADP, AFL, ALL, AMP, ATO, BAC, BK, CSCO, CVX, EPD, GD, INTC, JNJ, JPM, LMT, MDT, MET, MO, MRK, PFG, PRU, SPY, TD, TSN, UMC, VLOby: Financially Free InvestorFinancially Free Investor High Income DIY PortfoliosHigh-income, lower-risk portfolios suited for income-seeking investors.SummaryThis article is part of our monthly series where we highlight five companies that are large cap, relatively safe, dividend paying, and are offering large discounts to their historical norms.
It's always a good idea to keep your wish list ready by separating the wheat from the chaff.
We go over the filtering process to select just five stocks from more than 7,500 companies that are traded on US exchanges, including OTC networks. We provide two groups of five stocks, each with different goals.
The US just had its presidential elections, though as of this writing, we still don't have a conclusive winner. However, the markets seem to be celebrating the fact that we will likely have a divided Congress regardless of which candidate wins the presidency. This year has been monumental in many ways and seen so many events with far-reaching impacts like the devastating COVID-19 pandemic and resulting economic shutdowns, the sudden and deep market crash and subsequent V-shaped recovery, the racial tensions in the country and resulting chaos and violence in many cities, and finally, the bitterly fought presidential election exposing a deeply divided nation. In spite of so many challenges, the stock market has held pretty well. It has recovered all of its losses from the February-March lows and has gone on to start a new bull market. More recently, the market's progress stalled a bit, probably due to uncertainties surrounding the big election and also due to the big surge in COVID-19 cases in most of Europe.
The market has come a long way since the lows in March... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ALTRIA GROUP 44.46   13.2 3.36 3.36 7.23
ENTERPRISE PRODUCTS 28.68   12.4 2.31 1.76 6.13
PRUDENTIAL FINANCIAL 88.22   9.0 9.82 4.00 4.61
VALERO ENERGY 83.70   13.8 6.06 3.60 4.41
TORONTO-DOMINION BANK 56.54   11.9 4.74 2.22 4.02
CHEVRON 121.42   15.7 7.72 4.76 3.91
PRINCIPAL FINANCIAL GROUP 57.36   10.8 5.32 2.20 3.88
METLIFE 47.87   7.9 6.09 1.76 3.71
UNITED MICROELECTRONICS 2.18   54.5 0.04 0.07 3.00
JOHNSON & JOHNSON 130.43   21.6 6.03 3.80 2.93
CISCO SYSTEMS 49.93   19.2 2.60 1.40 2.85
JPMORGAN CHASE 117.91   12.0 9.79 3.60 2.74
BANK OF NEW YORK MELLON 46.31   12.0 3.85 1.24 2.71
MERCK & CO 83.31   23.3 3.57 2.20 2.69
AMERIPRISE FINANCIAL 146.38   10.8 13.58 3.88 2.68
BANK OF AMERICA 29.67   10.6 2.80 0.72 2.45
INTEL 53.01   12.4 4.29 1.26 2.43
LOCKHEED MARTIN 386.63   18.8 20.52 8.80 2.31
GENERAL DYNAMICS 189.41   16.8 11.25 4.08 2.17
AFLAC 51.47   12.6 4.10 1.08 2.12
MEDTRONIC 110.38   33.8 3.27 2.16 2.01
ATMOS ENERGY 109.44   25.9 4.23 2.10 1.93
ADP 160.41   30.6 5.24 3.16 1.92
ALLSTATE 106.58   14.0 7.64 2.00 1.89
TYSON FOODS 83.47   14.0 5.98 1.50 1.84
SPDR S&P 500 ETF 301.29   0.0 0.00 5.42 1.82

ALTRIA GROUP - MO
ALTRIA GROUP - MO  


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