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High-Yield Stocks With A Low Price To Book

|Includes:AVA, CINF, ED, MCY, NNN, ORI, SNH, Universal Corporation (UVV), WGL

A low P/B ratio could indicate a stock is undervalued or distressed. Since GAAP accounting is mostly based on historical cost, a viable growing company will normally be worth more than its book value. However, there are times when good companies will be punished along with the bad. It is our job as investors to separate the good companies from those that have fundamental problems.

This week, I screened my dividend growth stocks database for stocks with a P/B of 1.5 or lower, 10 or more years of dividend increases and with a dividend yield at or above 4%. The results are presented below...

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Stocks: UVV, WGL, CINF, ED, AVA, NNN, MCY, SNH, ORI