3 Cheap Dividend Stocks That Could Rally Higher

Dividend stocks have been shown to outperform non-dividend-paying stocks, so it's not too surprising that investors have been tucking more dividend-paying companies into their portfolios. While many dividend stocks are trading at historically high price valuations, these three dividend stocks could be bargains worth buying...

Seagate Technology (NASDAQ:STX) has seen its sales slip as demand for PCs has waned, but a pick-up in demand for hard drives from companies providing cloud-based solutions could put Seagate Technology's sales back on track soon. After losing patent protection on its megablockbuster cholesterol drug Lipitor in 2011, Pfizer Inc.'s (NYSE:PFE) sales have been sliding for years. Fortunately, that trend may be ending. ExxonMobil Corporation (NYSE:XOM) is an energy giant that makes its money by discovering and refining oil and gas, and because it boasts one of the industry's healthiest balance sheets, it ranks as my top pick for dividend-hungry investors looking to buy energy stocks.

Source: Motley Fool

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