Dividend Contenders with low debt and cheap price ratios originally published at long-term-investments.blogspot.com. Dividend Contenders have raised their dividend payments over 10 years in a row but not more than 25 consecutive years. There are over 200 stocks with such an impressive dividend growth history but not all of them are really good. Every stock has a something that an investor loves and hates. The perfect stock does not exist.
Today I would like to screen the Dividend Contenders category by cheap stocks with the lowest debt ratios. For passive investors, it's very important to own low leveraged growth stocks because they can expect further dividend hikes. If you purchase them at reasonable prices, you can increase the possibility for a good return.
Twelve of the 20 cheap Dividend Contenders with very low debt to equity ratios have a buy or better rating and four yield over three percent. Many insurer and banks are on the list. The financial sector is very strong.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 14.18 and forward P/E ratio is 11.92. The dividend yield has a value of 2.24 percent. Price to book ratio is 1.62 and price to sales ratio 2.10. The operating margin amounts to 28.44 percent and the beta ratio is 0.83. Stocks from the list have an average debt to equity ratio of 0.15.
Related Stock Ticker Symbols:
DCM, MXIM, TSH, BHB, MSFT, THFF, OXY, PRE, EBMT, QCOM, ACE, AXS, MUR, SFG, CVS, HCC, RNR, IMO, FDX, AAN