20 Relatively Safe and Cheap Dividend Stocks for Income Investors

Marty Whitman describes his strategy by stating that he invests in companies that are "safe and cheap." The following 20 dividend stocks were chosen for their large yields and for the safety of their core businesses, which make most on this list "safe and cheap." Emphasis on valuation is made for capital protection and appreciation over time -- we want to buy businesses that will be around in 20 years and look to earnings quality and business moat. Many investors get lulled into a false sense of security with high yield stocks, even when the underlying companies have to borrow money to fund their dividend payments. Look for large operating cash flows to cover the dividend payments during recessions and in times of deep competitive pressures.... Read more