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Low P/E, dividend
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One of the first steps to finding value is to look at the price-to-earnings ratio. If it’s below the broader market, it may be worth investigating further. The Shiller price-to-earnings ratio for the Standard & Poor’s 500 is currently 32. Each stock below has a much lower multiple.
Another consideration for value researchers is whether a stock pays a dividend. Does management care enough about shareholders to offer quarterly payments in exchange for owning a stake in the company? Each of the stocks listed below pays a dividend of 3% or more.
5 Low P/E stocks that pay dividends.
Alliance Resource Partners is a Nasdaq-listed thermal coal company headquartered in Tulsa, Oklahoma. Market capitalization is $2.69 billion. Profits rose 15% this year. The past five years of records show an increase of 9%. The price/earnings ratio is 3.81 times and the dividend is 13.22%.
The weekly price chart (below) shows how the stock is trading above the 50-week moving average (blue line) and how the 200-week moving average (red line) is trending up . The mid-2022 high of just under $24 is a significant resistance level for Alliance Resource Partners.
Compania Energetica De minas Gerais is a Brazilian utility company founded in 1952 and currently serving 9 million customers throughout Brazil. The company, listed on the New York Stock Exchange, has a market capitalization of $3.4 billion and a price-to-earnings ratio of 4.90. Compania Energetica pays his 7.79% dividend.
The weekly price chart shows a steady upward trend in the stock price, with a few dips here and there. It remains above the 50-week moving average, and the 200-week moving average also continues to rise. The November 2023 high of $2.60 is the resistance level to overcome if possible.
Plains All American Pipeline is one of the nation’s largest midstream energy companies with headquarters in Houston, Texas, and Canadian operations in Calgary, Alberta. The market capitalization of NASDAQ-listed companies is $10.62 billion. The PER is 11.28 times and the dividend is 7.23%.
It has been on a relentless upward trend since its September 2020 lows, with the stock currently trading well above its 50-week moving average. Note the crossover of 50 stocks above their 200-week moving average in early 2023.
Unum GroupUNM is a life insurance company headquartered in Chattanooga, Tennessee with operations around the world. This year’s profit he increased by 24.35%, and in the past five years he increased by 8.26%. The market capitalization is $8.82 billion, and the price-to-earnings ratio is 7.30 times. Unum offers investors his 3.06% dividend.
The weekly price chart shows how the 50-week moving average has outperformed the 200-week moving average in the second half of 2021. Since then, the stock has retested Week 50, and buyers appear to be coming back after that. 200 weeks has been steadily rising higher as the months go by, which is encouraging for the bulls.
Unum Group weekly price chart, 12 30 23.
stockchart.com
Vici Properties is a real estate investment trust that owns major casino properties including Caesars Palace and The Venetian in Las Vegas. The market capitalization will be $32.98 billion. The price-to-earnings ratio is 13.41, and the stock trades at 1.34 times book value. Vici pays his 5.04% dividend.
The stock peaked at just over $33 in early 2023, but has so far failed to return to that level. From a price chart analysis perspective, a steady upward trend in the 200-day moving average is a good sign.
VICI Properties Weekly Price Chart, 12 30 23.
stockchart.com
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