17 Cheap Stocks With Recent Dividend Hikes

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 |  Includes: ADI, ALV, BAM, CB, EVBN, GCI, GPS, IMO, IPCC, QSR, RCI, SYBT, TMK, WSBC, WTI, XEC
by: Dividend Screen

In difficult economic times, it makes sense to scout for investment opportunities with robust business models and sustainable dividends. Despite the uncertainty, many companies have a good ongoing business operation and they are still confident about the economic future. That's the reason why they have raised dividends. Last week, 44 companies raised distributions, of which 26 have had a double digit dividend growth. However, I screened the recent dividend growth stocks by real bargains, measured by a P/E ratio of less than 15. These are the detailed results:

1. Gannett (NYSE:GCI) has a market capitalization of $3.60 billion. The company employs 31,000 people, generates revenues of $5,239.99 million and has a net income of $500.13 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,012.42 million. Because of these figures, the EBITDA margin is 19.32% (operating margin 15.55% and the net profit margin finally 9.54%).

Twelve trailing months earnings per share reached a value of $1.89. Last fiscal year, the company paid $0.24 in form of dividends to shareholders. The company announced to raise dividends by 150.00%.

Here are the price ratios of the company: The P/E ratio is 8.05, Price/Sales 0.69 and Price/Book ratio 1.55. Dividend Yield: 5.26%. The beta ratio is 2.46.

2. Public Service Enterprises (NYSE:PEG) has a market capitalization of $15.39 billion. The company employs 9,965 people, generates revenues of $11,079.00 million and has a net income of $1,407.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $3,696.00 million. Because of these figures, the EBITDA margin is 33.36% (operating margin 24.55% and the net profit margin finally 12.70%).

Twelve trailing months earnings per share reached a value of $2.78. Last fiscal year, the company paid $1.37 in form of dividends to shareholders. The company announced to raise dividends by 3.60%.

Here are the price ratios of the company: The P/E ratio is 10.97, Price/Sales 1.39 and Price/Book ratio 1.52. Dividend Yield: 4.67%. The beta ratio is 0.47.

3. WesBanco (NASDAQ:WSBC) has a market capitalization of $525.93 million. The company employs 1,377 people, generates revenues of $224.17 million and has a net income of $43.81 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $64.14 million. Because of these figures, the EBITDA margin is 28.61% (operating margin 23.40% and the net profit margin finally 19.11%).

Twelve trailing months earnings per share reached a value of $1.65. Last fiscal year, the company paid $0.62 in form of dividends to shareholders. The company announced to raise dividends by 6.30%.

Here are the price ratios of the company: The P/E ratio is 12.00, Price/Sales 2.29 and Price/Book ratio 0.83. Dividend Yield: 3.44%. The beta ratio is 0.56.

4. S.Y. Bancorp (NASDAQ:SYBT) has a market capitalization of $308.44 million. The company employs 480 people, generates revenues of $86.04 million and has a net income of $23.60 million.

Twelve trailing months earnings per share reached a value of $1.70. Last fiscal year, the company paid $0.72 in form of dividends to shareholders. The company announced to raise dividends by 5.60%.

Here are the price ratios of the company: The P/E ratio is 13.09, Price/Sales 2.96 and Price/Book ratio 1.68. Dividend Yield: 3.41%. The beta ratio is 0.53.

5. Evans Bancorp (NYSEMKT:EVBN) has a market capitalization of $57.75 million. The company employs 224 people, generates revenues of $32.72 million and has a net income of $6.11 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $15.91 million. Because of these figures, the EBITDA margin is 48.62% (operating margin 22.63% and the net profit margin finally 15.91%).

Twelve trailing months earnings per share reached a value of $1.49. Last fiscal year, the company paid $0.40 in form of dividends to shareholders. The company announced to raise dividends by 10.00%.

Here are the price ratios of the company: The P/E ratio is 9.41, Price/Sales 1.50 and Price/Book ratio 0.84. Dividend Yield: 3.14%. The beta ratio is 0.47.

6. Analog Devices (NYSE:ADI) has a market capitalization of $11.57 billion. The company employs 9,200 people, generates revenues of $2,993.32 million and has a net income of $860.89 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,190.24 million. Because of these figures, the EBITDA margin is 39.76% (operating margin 35.81% and the net profit margin finally 28.76%).

Twelve trailing months earnings per share reached a value of $2.55. Last fiscal year, the company paid $0.94 in form of dividends to shareholders. The company announced to raise dividends by 20.00%.

Here are the price ratios of the company: The P/E ratio is 13.92, Price/Sales 3.87 and Price/Book ratio 3.05. Dividend Yield: 3.09%. The beta ratio is 1.09.

7. Autoliv (NYSE:ALV) has a market capitalization of $6.09 billion. The company employs 38,500 people, generates revenues of $8,232.40 million and has a net income of $627.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,146.30 million. Because of these figures, the EBITDA margin is 13.92% (operating margin 10.73% and the net profit margin finally 7.62%).

Twelve trailing months earnings per share reached a value of $6.65. Last fiscal year, the company paid $1.73 in form of dividends to shareholders. The company announced to raise dividends by 4.40%.

Here are the price ratios of the company: The P/E ratio is 10.25, Price/Sales 0.74 and Price/Book ratio 1.83. Dividend Yield: 2.76%. The beta ratio is 2.01.

8. The Chubb Corporation (NYSE:CB) has a market capitalization of $18.69 billion. The company employs 10,100 people, generates revenues of $13,393.00 million and has a net income of $1,678.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $5,740.00 million. Because of these figures, the EBITDA margin is 42.86% (operating margin 15.66% and the net profit margin finally 12.53%).

Twelve trailing months earnings per share reached a value of $5.75. Last fiscal year, the company paid $1.56 in form of dividends to shareholders. The company announced to raise dividends by 5.10%.

Here are the price ratios of the company: The P/E ratio is 11.93, Price/Sales 1.42 and Price/Book ratio 1.22. Dividend Yield: 2.39%. The beta ratio is 0.51.

9. The Gap Inc. (NYSE:GPS) has a market capitalization of $11.02 billion. The company employs 134,000 people, generates revenues of $14,549.00 million and has a net income of $833.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,944.00 million. Because of these figures, the EBITDA margin is 13.36% (operating margin 9.88% and the net profit margin finally 5.73%).

Twelve trailing months earnings per share reached a value of $1.57. Last fiscal year, the company paid $0.45 in form of dividends to shareholders. The company announced to raise dividends by 11.10%.

Here are the price ratios of the company: The P/E ratio is 14.39, Price/Sales 0.76 and Price/Book ratio 4.00. Dividend Yield: 2.22%. The beta ratio is 1.22.

10. Brookfield Asset Management (NYSE:BAM) has a market capitalization of $19.50 billion. The company employs 18,000 people, generates revenues of $15,921.00 million and has a net income of $3,674.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $9,223.00 million. Because of these figures, the EBITDA margin is 57.93% (operating margin 26.27% and the net profit margin finally 23.08%).

Twelve trailing months earnings per share reached a value of $2.90. Last fiscal year, the company paid $0.53 in form of dividends to shareholders. The company announced to raise dividends by 7.70%.

Here are the price ratios of the company: The P/E ratio is 10.86, Price/Sales 2.36 and Price/Book ratio 1.19. Dividend Yield: 1.78%. The beta ratio is 1.48.

11. Tim Hortons (THI) has a market capitalization of $8.31 billion. The company employs 1,863 people, generates revenues of $2,854.11 million and has a net income of $385.90 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $671.26 million. Because of these figures, the EBITDA margin is 23.52% (operating margin 19.96% and the net profit margin finally 13.52%).

Twelve trailing months earnings per share reached a value of $2.36. Last fiscal year, the company paid $0.68 in form of dividends to shareholders. The company announced to raise dividends by 23.50%.

Here are the price ratios of the company: The P/E ratio is 13.47, Price/Sales 2.92 and Price/Book ratio 7.23. Dividend Yield: 1.60%. The beta ratio is 0.72.

12. Infinity Property and Casualty (NASDAQ:IPCC) has a market capitalization of $695.05 million. The company employs 1,900 people, generates revenues of $961.28 million and has a net income of $91.52 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $159.93 million. Because of these figures, the EBITDA margin is 16.64% (operating margin 13.38% and the net profit margin finally 9.52%).

Twelve trailing months earnings per share reached a value of $4.22. Last fiscal year, the company paid $0.56 in form of dividends to shareholders. The company announced to raise dividends by 25.00%.

Here are the price ratios of the company: The P/E ratio is 13.92, Price/Sales 0.72 and Price/Book ratio 1.11. Dividend Yield: 1.53%. The beta ratio is 0.44.

13. Torchmark Corporation (NYSE:TMK) has a market capitalization of $4.97 billion. The company employs 2,224 people, generates revenues of $3,367.63 million and has a net income of $522.29 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,285.71 million. Because of these figures, the EBITDA margin is 38.18% (operating margin 23.12% and the net profit margin finally 15.51%).

Twelve trailing months earnings per share reached a value of $4.73. Last fiscal year, the company paid $0.41 in form of dividends to shareholders. The company announced to raise dividends by 25.00%.

Here are the price ratios of the company: The P/E ratio is 10.31, Price/Sales 1.48 and Price/Book ratio 1.44. Dividend Yield: 1.23%. The beta ratio is 1.60.

14. Cimarex Energy (NYSE:XEC) has a market capitalization of $7.41 billion. The company employs 775 people, generates revenues of $1,757.89 million and has a net income of $529.93 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,229.87 million. Because of these figures, the EBITDA margin is 69.96% (operating margin 47.69% and the net profit margin finally 30.15%).

Twelve trailing months earnings per share reached a value of $5.85. Last fiscal year, the company paid $0.40 in form of dividends to shareholders. The company announced to raise dividends by 20.00%.

Here are the price ratios of the company: The P/E ratio is 14.76, Price/Sales 4.21 and Price/Book ratio 2.37. Dividend Yield: 0.56%. The beta ratio is 1.57.

15. Imperial Oil Limited (NYSEMKT:IMO) has a market capitalization of $41.39 billion. The company employs 4,970 people, generates revenues of $30,726.29 million and has a net income of $3,372.35 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $5,172.07 million. Because of these figures, the EBITDA margin is 16.83% (operating margin 14.35% and the net profit margin finally 10.98%).

Twelve trailing months earnings per share reached a value of $3.95. Last fiscal year, the company paid $0.44 in form of dividends to shareholders. The company announced to raise dividends by 9.10%.

Here are the price ratios of the company: The P/E ratio is 12.36, Price/Sales 1.35 and Price/Book ratio 3.15. Dividend Yield: 0.98%. The beta ratio is 1.04.

16. W&T Offshore (NYSE:WTI) has a market capitalization of $1.99 billion. The company employs 305 people, generates revenues of $971.05 million and has a net income of $172.82 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $603.88 million. Because of these figures, the EBITDA margin is 62.19% (operating margin 31.59% and the net profit margin finally 17.80%).

Twelve trailing months earnings per share reached a value of $2.30. Last fiscal year, the company paid $0.16 in form of dividends to shareholders. The company announced to raise dividends by 100.00%.

Here are the price ratios of the company: The P/E ratio is 11.67, Price/Sales 2.06 and Price/Book ratio 3.66. Dividend Yield: 1.19%. The beta ratio is 1.85.

17. Rogers Communications (NYSE:RCI) has a market capitalization of $20.04 billion. The company employs 25,900 people, generates revenues of $12,432.97 million and has a net income of $1,563.62 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4,655.86 million. Because of these figures, the EBITDA margin is 37.45% (operating margin 22.76% and the net profit margin finally 12.58%).

Twelve trailing months earnings per share reached a value of $2.86. Last fiscal year, the company paid $1.42 in form of dividends to shareholders. The company announced to raise dividends by 11.30%.

Here are the price ratios of the company: The P/E ratio is 13.35, Price/Sales 1.62 and Price/Book ratio 5.61. Dividend Yield: 4.14%. The beta ratio is 0.93.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.