5 Inexpensive Stocks That Won't Cut Dividends
Income investors like to start by looking at stocks with high dividend yields, but the search doesn't (and shouldn't) end there. Dividend stocks become considerably more attractive if the dividend is perceived as fairly safe; namely, that the company is expected to at least maintain its current level of earnings going forward and so will not have to cut its dividend to maintain operations. In addition, it's always good to compare a stock's valuation to its earnings (particularly as markets have bid up high-yield stocks in recent quarters). Here are the five stocks with the lowest P/E ratios out of those which satisfy the joint criteria of a yield of at least 3%, a market cap of at least $2 billion, and expected earnings per share growth rate of at least 0% over the next year: At current prices and dividend levels, Seagate Technology (STX) pays a... Read more