Friday, March 31, 2023

10 Cheap Dividend Stocks to Buy Today

Hi

The stock market has always been unpredictable, but unprecedented world events have made the market even more unpredictable during the last few years. Between the end of the 10-year bull run, the COVID-19 pandemic, unprecedented fiscal stimulus, wars overseas, and rising inflation, the idea of a normal market environment has all but disappeared.

The only thing that we can do is look at historical averages to see where today’s market fits in the grand scheme of things. The DOW is still trading over 30,000 and S&P 500 companies are trading at nearly 21 times their annual earnings, well above the historical average of 15 times earnings.

At the same time, we find ourselves in a rapidly changing interest rate environment. Fixed income investments have increased in yield in the last few years, but it’s hard to predict how long the Federal Reserve will keep rates elevated for. S&P 500 stocks continue to yield under 2% and some investors think it's too challenging to find safe and affordable securities that pay 4%, 5%, and even 6% yields.

Searching for yield isn't easy in an environment where historically high asset prices and stimulus from the Fed have driven down yields. This doesn't leave many options for investors looking for retirement income or a decent dividend yield on their stocks, but there are a handful of cheap dividend stocks to buy that are still yielding 3%-6%. 

We've put together some of the best dividend stocks that are trading under their value and at lower P/E ratios than their peers. These stocks are true bargains in the dividend world right now.

Click Here to View Our "Top 10 Underpriced Dividend Stocks"

Rebecca McKeever
MarketBeat.com


 

 
This message is a paid advertisement sent on behalf of a third-party advertiser of MarketBeat. Why did I receive this email?
 
If you have questions about your subscription, feel free to contact our U.S. based support team via email at contact@marketbeat.com or leave us a voicemail at (844) 978-6257.
 
If you would no longer like to receive promotional emails from MarketBeat advertisers, you can unsubscribe or manage your mailing preferences here.
 
© 2006-2023 American Consumer News, LLC dba MarketBeat. 326 E 8th St #105, Sioux Falls, SD 57103. United States.
 
Today's Bonus Content: BREAKING: Tiny biotech successfully treats blindness

No comments:

Post a Comment

Why This Earnings Season Could Send Stocks Soaring

Now looks like a really good time to prepare for another market rally͏‌  ­͏‌  ­͏‌  ­͏‌  ­͏‌  ­͏‌  ­͏‌  ­͏‌  ­͏‌  ­͏‌  ­͏‌  ­͏‌  ­͏‌  ­͏‌  ...