If there is one thing that this recent market volatility has brought about is more opportunities. What type of opportunity you ask? For starters higher dividend yields have been provided thanks to lower stock prices. For investors interested in dividend stocks the market just got a lot more interesting.
We ran a screen for dividend stocks that had a low Debt/Equity Ratio. From this narrowed pool we screened out companies that a book value of less than 1 and had retraced a decent amount from their 52-Week High.
The list is ranked from lowest to highest relative to Price/Book Value ratio.
1. Aircastle Ltd (AYR)
Sector | Industrials |
Industry | Rental & Leasing Services |
Market Cap | $ 855M |
Beta | 2.24 |
Analyst Sentiment | 5/8 – List Buy/ Outperform (Bullish) |
The company acquires and leases commercial aircraft to passenger and cargo airlines.The firm’s Price/Book Value is 0.63. AYR’s Debt/Equity Ratio is 0.23. The stock is 17.44% below the 52-Week High. The short interest is 5.70% as of 07/29/2011.
2. Allied World Assurance Company (AWH)
Sector | Financial Services |
Industry | Insurance - Property & Casualty |
Market Cap | $ 2,021M |
Beta | 0.38 |
Analyst Sentiment | 5/9 -List Hold/Neutral (Neutral) |
The company is a specialty insurance and reinsurance company that underwrites reinsurance lines of business along with property and casualty insurance. The firm’s Price/Book Value is 0.66. AWH’s Debt/Equity Ratio is 0.26. The stock is 19.30% below the 52-Week High. The short interest is 2.60% as of 07/29/2011
3. Everest Re Group, Ltd. (RE)
Sector | Financial Services |
Industry | Insurance - Reinsurance |
Market Cap | $ 4,324M |
Beta | 0.49 |
Analyst Sentiment | 6/11 -List Hold/Neutral (Neutral) |
The company underwrites reinsurance and insurance around the world. The firm’s Price/Book Value is 0.70. RE’s Debt/Equity Ratio is 0.08. The stock is 15.50% below the 52-Week High. The short interest is 0.80% as of 07/29/2011.
4. Bunge Ltd (BG)
Sector | Consumer Defensive |
Industry | Farm Products |
Market Cap | $ 9,020M |
Beta | 1.17 |
Analyst Sentiment | 6/12 -List Hold/Neutral (Neutral) |
The company operates a global farm-to-consumer food chain. The firm’s Price/Book Value is 0.71. BG’s Debt/Equity Ratio is 0.28. The stock is 19.63% below the 52-Week High. The short interest is 3.00% as of 07/29/2011.
5. American Financial Group Inc (AFG)
Sector | Financial Services |
Industry | Insurance - Property & Casualty |
Market Cap | $ 3,223M |
Beta | 1.07 |
Analyst Sentiment | 2/3 – List Buy/Outperform (Bullish) |
The company offers property & casualty insurance with a focus on commercial products for businesses & other insurance related products. The firm’s Price/Book Value is 0.72. AFG’s Debt/Equity Ratio is 0.21. The stock is 11.41% below the 52-Week High. The short interest is 0.40% as of 07/29/2011
6. Transatlantic Holdings, Inc. (TRH)
Sector | Financial Services |
Industry | Insurance - Reinsurance |
Market Cap | $ 3,132M |
Beta | 0.95 |
Analyst Sentiment | 5/7 – List Hold/ Neutral (Neutral) |
The company offers a range of property and casualty insurance products. The firm’s Price/Book Value is 0.74. TRH’s Debt/Equity Ratio is 0.24. The stock is 7.30% below the 52-Week High. The short interest is 1.00% as of 07/29/2011.
7. Unum Group. (UNM)
Sector | Financial Services |
Industry | Insurance - Life |
Market Cap | $ 6,822M |
Beta | 0.95 |
Analyst Sentiment | 10/14 – List Hold/ Neutral (Neutral) |
Unum Group offers a variety of insurance products around the world. The firm’s Price/Book Value is 0.75. UNM’s Debt/Equity Ratio is 0.29. The stock is 17.23% below the 52-Week High. The short interest is 1.00% as of 07/29/2011
8. Boston Scientific, Inc. (BSX)
Sector | Healthcare |
Industry | Medical Instruments & Supplies |
Market Cap | $ 9,812M |
Beta | 1.18 |
Analyst Sentiment | 19/28 – List Hold / Neutral (Neutral) |
The company develops and sells a variety of medical devices. The firm’s Price/Book Value is 0.85. BSX’s Debt/Equity Ratio is 0.36. The stock is 19.47% below the 52-Week High. The short interest is 3.50% as of 07/29/2011.
9. Brookfield Asset Management Inc (BAM)
Sector | Real Estate |
Industry | Real Estate - General |
Market Cap | $ 18,540M |
Beta | 1.45 |
Analyst Sentiment | 9/10 – List Buy / Outperform (Bullish) |
The company offers asset management services with a specific focus on power, infrastructure assets, and property. The firm’s Price/Book Value is 0.85. BAM’s Debt/Equity Ratio is 0.20. The stock is 13.26% below the 52-Week High. The short interest is N/A.
10. Knight Capital Group, Inc. (KCG)
Sector | Financial Services |
Industry | Capital Markets |
Market Cap | $ 1,205M |
Beta | 0.28 |
Analyst Sentiment | 4/5 – List Buy / Outperform (Bullish) |
The company offers a variety of financial services firm that offer electronic access to the capital markets. The firm’s Price/Book Value is 0.85. KCG’s Debt/Equity Ratio is 0.29. The stock is 17.46% below the 52-Week High. The short interest is 10.00% as of 07/29/2011.
We hope this list helps investors as they do their own due diligence on dividends stocks.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
