4 Low P/B Stocks With At Least 3% Yield And 10 Year Dividend Increase History

There's many reasons why a stock can trade at a discount to its intrinsic value. It usually revolves around pessimism, but can also occur from bigger market forces. Sometimes it's a whole industry that lags the general market and takes down even the good performing businesses. Other times the pessimism can be valid, as in the case with declining businesses seeing lower demand and mounting losses.
When picking among the stocks that are hated, it's among the utmost importance to understand red flags and avoid them. Today's list has some of that in mind. While running this screen, stocks that were automatically disqualified included those with negative earnings and very high P/E's. Both of those kinds of metrics are symptoms of a business with profitability problems. I would never look to catch an underdog rebound story that hasn't established decent profitability yet. Speaking of underdog rebound stories, this quick list includes two big stocks that have fallen from grace but have the potential to return to greatness. The other two stocks have been performing strongly from a business perspective for the last 10 years but for one reason or another are trading at very cheap levels. The 4 stocks that made this list are Exxon Mobil (NYSE: XOM), AT&T (NYSE: T), Southern (NYSE: SO), and Westar Energy (NYSE: WR).

XOM Dividend data by YCharts
Perhaps coincidentally or not, the two strongest performers from a profitability and intrinsic value growth... Read more