Descriptions like "income investor" and "value investor" are thrown around as if they're mutually exclusive. But they're not. There are many investors who equally belong to both groups. However, it's challenging to be both an income investor and a value investor. There aren't very many stocks that provide solid dividends that are also available at an attractive valuation. That doesn't mean such stocks are impossible to find, though. Here are three dividend stocks that are dirt cheap right now.
Shares of AbbVie (NYSE:ABBV) currently trade at just over nine times expected earnings. To put that into perspective, the forward earnings multiple for the S&P 500 stands above 21 right now. Healthcare stocks, on average, trade at more than 16 times expected earnings. Another big drugmaker, Bristol Myers Squibb (NYSE:BMY), sports an even more appealing valuation than AbbVie does. BMS stock trades at under 8.9 times expected earnings. You'll have a hard time finding a dividend stock that's cheaper than Viatris (NASDAQ:VTRS). Its shares trade at only 4.3 times expected earnings.
Source: Motley Fool
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Posted by D4L | Friday, July 23, 2021 | ArticleLinks | 0 comments »________________________________________________________________
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