Diving for Dividends and Options: 4 Small Caps Selling for Less Than Book Value

With over 69% of stocks above their 50-day moving averages, it's getting tougher to find bargains in this market, so we went looking for dividend paying stocks with Price/Book values under 1, and found four small caps, two of which are listed in our High Dividend Stocks By Sector Tables. There are also some pretty high options yields available on 3 of these stocks, (details below). (Click to enlarge) All 4 firms have dividend yields above the current S&P average, have a conservative dividend payout ratio, and pay quarterly dividends. FLY Leasing Limited (FLY): Leases commercial aircraft, and changed its name from Babcock & Brown in 2007. FLY owns a fleet of 60 aircraft that it leases under multi-year operating leases to 34 airlines in 23 countries. Nisak Gas Storage Partners (NKA): Is the largest independent owner and operator of natural gas storage in North America, with strategically located assets... Read more