3 Dividend Stocks Worth Buying in the Current Soft Patch

Since early February, the S&P 500 has been relatively range bound, which may concern investors looking for yield and price appreciation in their portfolios. However, with the markets at the bottom of a recent range, many companies are trading relatively cheaply compared to their sector. The S&P 500 P/E ratio, on a weekly basis, is around 15. This is historically low, dating back to 2001. In fact, the average P/E ratio for 2011 is the lowest since 2001.As an investor, diversification and growth prospects are two key indicators I look for when constructing the optimal portfolio. In this commentary, I hope to highlight companies that pay out respectable dividends, have enticing growth opportunities and are trading relatively cheaply compared to their peers. To break down the S&P 500, I will present a list of companies that pay a stronger dividend than the average of the S&P 500, and I... Read more