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Dividend stocks should be a part of everybody’s long-term stock portfolio. Let’s take a look into the major diversified chemicals industry, an industry that I have analyzed by the best yielding dividend stocks. The industry belongs to the basic material sector and is characterized by cyclic price changes. The industry has a total market capitalization of $9.1 trillion, the average P/E ratio is 17.5, P/B ratio 10.1 and the average dividend yield amounts to 3.0%.

I screened the industry by stocks with a positive dividend yield and low price-earnings to growth (PEG) ratios. The PEG ratio must be under one in order to discover cheap stocks in terms of growth. Here are the best yielding stocks with lowest PEG ratio:

1. Celanese (CE) has a market capitalization of $5.6 billion, generates revenues in an amount of $6.4 billion and a net income of $593.0 million. It follows P/E ratio is 9.6 and forward price to earnings ratio 7.6, Price/Sales 0.9 and Price/Book ratio 4.1. Dividend Yield: 0.7%. The PEG ratio amounts to 0.73.

2. Aceto (ACET) has a market capitalization of $146.3 million, generates revenues in an amount of $412.4 million and a net income of $9.0 million. It follows P/E ratio is 16.1 and forward price to earnings ratio 5.7, Price/Sales 0.4 and Price/Book ratio 0.9. Dividend Yield: 3.7%. The PEG ratio amounts to 0.73.

3. Ashland (ASH) has a market capitalization of $3.5 billion, generates revenues in an amount of $7.0 billion and a net income of $298.0 million. It follows P/E ratio is 11.9 and forward price to earnings ratio 8.4, Price/Sales 0.5 and Price/Book ratio 0.8. Dividend Yield: 1.6%. The PEG ratio amounts to 0.99.

4. Eastman Chemical (EMN) has a market capitalization of $5.0 billion, generates revenues in an amount of $6.6 billion and a net income of $571.0 million. It follows P/E ratio is 9.2 and forward price to earnings ratio 7.8, Price/Sales 0.8 and Price/Book ratio 2.6. Dividend Yield: 2.9%. The PEG ratio amounts to 1.0.

Source: Cheap Dividend Stocks From The Diversified Chemicals Industry