1 Ultra-Cheap Dividend Stock Yielding 5% That You Can Buy Today
Dividend stocks are a great way to add value to your portfolio. Not only will a company pay you to have skin in the game, they help mitigate risk of a slumping stock price -- and studies have shown that over time Dividend stocks outperform non-Dividend stocks.
When you find a cheap dividend stock with lots of potential upside, the results can be fantastic. Ford Motor Company (NYSE: F) is certainly an ultra-cheap dividend stock with upside you can buy today.
Make no mistake, the folks at Ford have some work to do. The company disappointed investors with its financial performance over the past year, and it's embarking on a massive task to cut warranty costs, reduce vehicle design and complexity, and improve scale. Throw in a massive restructuring program mostly aimed at Europe, and you have a potential turnaround story in the making.
Source Fool.com
