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From time to time I come across different stocks that are scattered throughout several industries but have common characteristics when compared to one another. In this article I will highlight six of those companies who yield at least 10%, and have P/E ratios under 15.

Medley Capital Corporation (NYSE:MCC) - Headquartered in New York City, MCC currently trades at a P/E ratio of 11.15 and yields 10.8% ($1.24), making the stock very inexpensive when compared to most standards. MCC currently trades at about $11.60/share and in a 52-week range of $8.67/share (52-week low) and $11.91/share (52-week high). For investors looking to establish a position, I would do so from both an income standpoint and an earnings standpoint as the company has surpassed estimates in three of the last four quarters.

Resource Capital Corp. (NYSE:RSO) - Headquartered in New York City, RSO currently trades at a P/E ratio of 10.63 and yields 14.6% ($0.80), making the stock very affordable when compared to most standards. RSO currently trades at about $5.45/share and in a 52-week range of $4.20/share (52-week low) and $6.67/share (52-week high). For investors looking to establish a position, I would do so from both an income standpoint since the company's yield is very attractive at these levels.

Rhino Resource Partners (NYSE:RNO) - Headquartered in Lexington, Kentucky, RNO currently trades at a P/E ratio of 9.35 and yields 13.4% ($1.92), making the stock very affordable when compared to most standards. RNO currently trades at about $14.10/share and in a 52-week range of $12.61/share (52-week low) and $28.23/share (52-week high). For investors looking to establish a position, I would do so from both an income standpoint since the company's yield is very attractive even though the last four quarters have demonstrated weakness.

American Capital Agency Corp (NASDAQ:AGNC) - Headquartered in Bethesda, Maryland, AGNC currently trades at a P/E ratio of 5.06 and yields 15% ($5.00), making the stock very inexpensive when compared to most standards. AGNC currently trades at about $33.85/share and in a 52-week range of $22.03/share (52-week low) and $33.51/share (52-week high). For investors looking to establish a position, I would do so from an income standpoint and growth standpoint since the company's yield is very attractive and the stock is trading at the higher end of the 52-week range.

Chimera Investment Corporation (NYSE:CIM) - Headquartered in New York City, CIM currently trades at a P/E ratio of 5.20 and yields 15.4% ($0.44), making the stock very inexpensive when compared to most standards. CIM currently trades at about $2.86/share and in a 52-week range of $2.38/share (52-week low) and $3.62/share (52-week high). For investors looking to establish a position, I would do so from an income standpoint rather than an earnings standpoint since the company's yield is very attractive and the company has reported weaker than expected earnings in three of the last four quarters.

Compass Diversified Holdings (NYSE:CODI) - Headquartered in Westport, Connecticut, CODI currently trades at a P/E ratio of 8.41 and yields 11.6% ($1.44), making the stock very inexpensive when compared to most standards. CODI currently trades at about $12.54/share and in a 52-week range of $11.21/share (52-week low) and $17.36/share (52-week high). For investors looking to establish a position, I would do so from an income standpoint rather than an earnings standpoint since the company's yield is very attractive and the company has reported an inconsistent series of earnings over the last four quarters.

Source: 6 Stocks Yielding More Than 10% That Are Considered To Be Very Cheap