5 Cheap Growth Stocks With Attractive Dividend Yields

When considering stocks to highlight today, I wanted to find five growth stocks that not only pay attractive dividends but also have above-average upside prospects. But to be interesting for this list, these growth stocks also have to be reasonably cheap using fundamental metrics. The idea is that you get the best of both worlds — a cheap purchase points and high expected returns.

For example, the stocks I’ve honed in on here have expected earnings and/or free cash flow for the next year but still sell for less than sixteen to seventeen times earnings. In addition, the dividend yields are higher than average at 3% to 5%. The five cheap growth stocks I finally settled on are: Shaw Communications (NYSE:SJR), NetApp (NASDAQ:NTAP), Anheuser-Busch InBev (NYSE:BUD), Johnson & Johnson (NYSE:JNJ) and Kinder Morgan (NYSE:KMI).

Source: InvestorPlace

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