11 Dividend Stocks Trading At A Double-Digit Discount
Getting a discount of 10%, 20% or even more is awesome. When it is on a big ticket item like a automobile, there are a lot of dollars to be saved and people have been known to drive great distances to receive the discount. Everyone loves a sale!
Well, maybe not everyone. When stocks go on sale it seems to depress a large number of market participants. However, for those of us that like buying stocks at a discount, the recent market pullback has finally provided a little relief.
My fair value model was constructed back in 2007 at a time many stocks had already fell from grace. So as to focus on only the best companies, I took an extremely conservative stance with my model. Ultimately, determining fair requires the investor to accurately determine free cash flow, dividend growth rates and such on a forward looking basis, which is no simple task.
This week week, I screened my dividend growth stocks database for stocks that are trading at a double-digit discount. The results are presented below:
CenturyLink, Inc. (CTL)
Yield: 7.4% | Discount: 10.9%
CenturyLink, Inc. provides voice service to 6.5 million customers and Internet service to 2.4 million customers in rural towns as well as larger cities such as Las Vegas.
Microsoft Corporation (MSFT)
Yield: 2.6% | Discount: 11.6%
Microsoft is the world's largest software company, develops PC software, including the Windows operating system and the Office application suite.
McDonald's Corporation (MCD)
Yield: 3.0% | Discount: 13.1%
McDonald's Corporation is the largest fast-food restaurant company in the world, with about 32,500 restaurants in 117 countries.
Stryker Corporation (SYK)
Yield: 1.2% | Discount: 14.1%
Stryker Corp.12... Read more