4 Ridiculously Cheap Dividend Stocks to Buy Now – and 1 to Sell
Brett Owens, Chief Investment StrategistUpdated: July 18, 2016
Feel like you missed out on the Brexit bargain hunt?
If so, you’re not alone. You had to be quick to snap up cheap dividend growth stocks when the S&P 500 plunged 5.7% in the two days following the vote, because five trading days later, it had largely recouped that ground.
So now it’s back to slim pickings for income investors. With the S&P 500 hitting new highs seemingly every day, valuations are stretched and dividend yields are down, as you can see from this snapshot of the trailing-twelve-month yield on the SPDR S&P 500 ETF (SPY):
But don’t worry. No matter how richly valued the market is, there are always strong dividend growers that aren’t getting a fair shake from investors.… Read more