Undervalued Financials: 3 High Dividend Stocks With Low 2011 PEG Ratios

Since the crash, many investors have shunned financial stocks, having been badly burned during the market meltdown. However, Standard & Poor's recently published a projected 2011 EPS growth-by-sector table that puts the Financial sector near the top for expected growth in 2011:There are currently some financial dividend paying stocks that are undervalued, when analysed by their 2011 PEG values. In addition, they each offer a hefty dividend yield. This week, we screened for Financial stocks with attractive ROE, high dividend yields, strong profit margins, and low 2011 PEG ratios. We came up with 3 financial dividend stocks, 2 REIT's and a Diversified Investments firm, which we've added to the Financials section of our High Dividend Stocks by Sector Tables: Resource Capital Corp REIT., (RSO), NY Mortgage Trust REIT, (NYMT), and Main St. Capital, (MAIN). Click to enlarge:Although it has the lowest dividend yield, MAIN looks to have the... Read more