2 Dirt-Cheap Dividend Stocks to Buy in April

Many people invest in dividend-paying stocks to take advantage of the steady payments with the opportunity to reinvest in additional shares of the company. The best scenario is when you can find a solid dividend stock with a cheap valuation and potential upside. The following automaker and apparel manufacturer have fallen out of love with Wall Street, but they could be great chocies for savvy and patient investors...

Just about every consumer has purchased something from one of Hanesbrands' (NYSE:HBI) well-established brands, which include anything from its namesake Hanes brand to Platex, Leggs, and Champion, among many others. Despite Ford Motor Company (NYSE:F) being a night-and-day difference from the automaker it was before former CEO Alan Mulally took control, Wall Street isn't giving automotive stocks a chance as the North American new-vehicle market plateaus. But despite the slowing North American market, it's still poised to sell at near-record levels for the foreseeable future, which makes it a very healthy industry.

Source: Motley Fool

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