5 Cheap Small Caps With 2% Plus Yields

Following a strong run in the market and small-cap stocks in particular this year, it has become more challenging to find bargains. We believe there are still some diamonds in the rough, however. The following small caps are all at low P/E or P/FCF ratios, have strong or modestly leveraged balanced sheets, and all pay a dividend of at least 2%.Small Cap Yield Values CompanyTickerDiv YieldP/E (TTM)Miller IndustriesMLR3.0%8.7xExelis IncXLS3.3%6.1xIndustrias BachocoIBA2.3%110.0xKSW IncKSW3.9%16.2xInterval Leisure GroupIILG2.4%23.9xMiller Industries is a leading manufacturer of towing and salvage recovery vehicles. Miller finished 2011 with a net $4.41/shr in cash, is selling at 8.7x gross/6.4x net of cash, and shares yield 3%. Exelis is a service oriented defense contractor which was recently spun-off from ITT industries. The stock has soared post-spin, from... Read more