A dividend stock investor would naturally assume that with the stock market being so strong over the past three months, it would be difficult to find solid paying dividend stocks at reasonable prices.
However, in perusing through the list of our top tanked dividend stocks, several candidates emerge as good value even as the Dow Jones Industrial Average is hitting all-time price highs.
The fact is that there are still a bountiful amount of dividend gems to be ferreted out by smart investors.
I ran our screener and looked for those stocks that were down 10% in the past three months with dividend yields over 2%.
The stock list primarily comes from the utility, health care and consumer staples sectors. Each company’s stock price has suffered as more economically sensitive sectors have taken off, including financial, industrial and energy stocks.
Here is an examination of the five outstanding dividend stocks that should be on your radar screen at discounted prices.
GlaxoSmithKline -- Yield: 5.21%
GlaxoSmithKline (NYSE:GSK) employs 101,192 people, generates revenue of $29,879.85 million and has a net income of $10,456.63 million. The current market capitalization stands at $91.04 billion.GlaxoSmithKline’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $9,572.34 million. The EBITDA margin is 32.04% (the operating margin is 46.67% and the net profit margin 35.00%).
Financials: The total debt represents 31.12% of GlaxoSmithKline assets and the total debt in relation to the equity amounts to 325.22%. Due to the financial situation, a return on equity of 179.63% was realized by GlaxoSmithKline.
Twelve trailing months earnings per share reached a value of $0.15. Last fiscal year, GlaxoSmithKline paid $2.00 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 253.97, the P/S ratio is 3.05 and the P/B ratio is finally 14.64. The dividend yield amounts to 5.21%.
Stock Charts:
Long-Term Stock Price Chart of GlaxoSmithKline (GSK) |
Long-Term Dividend Payment History of GlaxoSmithKline (GSK) |
Long-Term Dividend Yield History of GlaxoSmithKline (GSK) |
American Electric -- Yield: 3.98%
American Electric (NYSE:AEP) employs 17,405 people, generates revenue of $16,453.20 million and has a net income of $1,703.30 million. The current market capitalization stands at $29.53 billion.American Electric’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $5,343.20 million. The EBITDA margin is 32.48% (the operating margin is 20.26% and the net profit margin 10.35%).
Financials: The total debt represents 33.03% of American Electric assets and the total debt in relation to the equity amounts to 113.87%. Due to the financial situation, a return on equity of 10.16% was realized by American Electric.
Twelve trailing months earnings per share reached a value of $0.90. Last fiscal year, American Electric paid $2.15 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 65.51, the P/S ratio is 1.77 and the P/B ratio is finally 1.63. The dividend yield amounts to 3.98%.
Stock Charts:
Long-Term Stock Price Chart of American Electric (AEP) |
Long-Term Dividend Payment History of American Electric (AEP) |
Long-Term Dividend Yield History of American Electric (AEP) |
Public Storage -- Yield: 3.96%
Public Storage (NYSE:PSA) employs 5,300 people, generates revenue of $2,381.70 million and has a net income of $1,317.69 million. The current market capitalization stands at $35.22 billion.Public Storage’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,658.02 million. The EBITDA margin is 69.61% (the operating margin is 51.73% and the net profit margin 55.33%).
Financials: The total debt represents 3.26% of Public Storage assets and the total debt in relation to the equity amounts to 3.48%. Due to the financial situation, a return on equity of 20.50% was realized by Public Storage.
Twelve trailing months earnings per share reached a value of $6.52. Last fiscal year, Public Storage paid $6.50 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 31.44, the P/S ratio is 14.70 and the P/B ratio is finally 6.83. The dividend yield amounts to 3.96%.
Stock Charts:
Long-Term Stock Price Chart of Public Storage (PSA) |
Long-Term Dividend Payment History of Public Storage (PSA) |
Long-Term Dividend Yield History of Public Storage (PSA) |
Amgen -- Yield: 2.75%
Amgen (NASDAQ:AMGN) employs 17,900 people, generates revenue of $21,662.00 million and has a net income of $6,939.00 million. The current market capitalization stands at $107.61 billion.Amgen’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $10,657.00 million. The EBITDA margin is 49.20% (the operating margin is 39.10% and the net profit margin 32.03%).
Financials: The total debt represents 43.99% of Amgen assets and the total debt in relation to the equity amounts to 111.91%. Due to the financial situation, a return on equity of 25.77% was realized by Amgen.
Twelve trailing months earnings per share reached a value of $10.01. Last fiscal year, Amgen paid $3.16 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 14.42, the P/S ratio is 5.00 and the P/B ratio is finally 3.89. The dividend yield amounts to 2.75%.
Stock Charts:
Long-Term Stock Price Chart of Amgen (AMGN) |
Long-Term Dividend Payment History of Amgen (AMGN) |
Long-Term Dividend Yield History of Amgen (AMGN) |
CVS Health -- Yield: 2.29%
CVS Health (NYSE:CVS) employs 155,000 people, generates revenue of $153,290.00 million and has a net income of $5,230.00 million. The current market capitalization stands at $78.65 billion.CVS Health’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $11,565.00 million. The EBITDA margin is 7.54% (the operating margin is 6.17% and the net profit margin 3.41%).
Financials: The total debt represents 29.71% of CVS Health assets and the total debt in relation to the equity amounts to 73.84%. Due to the financial situation, a return on equity of 13.91% was realized by CVS Health.
Twelve trailing months earnings per share reached a value of $4.69. Last fiscal year, CVS Health paid $1.40 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 15.70, the P/S ratio is 0.52 and the P/B ratio is finally 2.20. The dividend yield amounts to 2.29%.
Stock Charts:
Long-Term Stock Price Chart of CVS Health (CVS) |
Long-Term Dividend Payment History of CVS Health (CVS) |
Long-Term Dividend Yield History of CVS Health (CVS) |
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