High yielding Mid- and Large capitalized dividend stocks with cheap price ratios originally published at long-term-investments.blogspot.com. I often write about stocks with cheap fundamentals, mostly about those with a low forward P/E. I believe that this is a great first step to find good bargains at the stock market.
But you need also a good initial dividend yield if you like to build a passive dividend income to live off. Today I would like to create a screen which combines both, yield and cheapness at a very high level.
I'm looking for High-Yield dividend stocks with single-digit P/E ratios. In order to limit my screening results, I observed only higher capitalized companies with a market capitalization over USD 2 billion.
Sixteen stocks fulfilled my criteria. Seven of them have a current buy or better rating and fifteen yielding over 10 percent!
REITs, asset managers and communication stocks are dominating the screen. That's where you can find the highest dividend yields but the risk is also much higher.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 19.95 and forward P/E ratio is 7.29. The dividend yield has a value of 13.14 percent. Price to book ratio is 1.06 and price to sales ratio 3.77. The operating margin amounts to 43.41 percent and the beta ratio is 0.94. Stocks from the list have an average debt to equity ratio of 2.11.
Related Stock Ticker Symbols:
WBK, CVRR, AGNC, IVR, OIBR, NLY, TWO, VIP, CIM, MFA, PSEC, KKR, KFN, SNP, ORAN, BP