2 Cheap Dividend Stocks You Can Buy Right Now
Income-seeking investors often face a dilemma when deciding which dividend stocks to buy. Because of the current low-interest-rate environment and red-hot stock market, they usually need to pay up for premium dividend stocks, locking in a less than desirable yield in the process. Otherwise, they'd need to take a chance on a stock with a higher yield that might also come with some financial issues.
However, there are a few diamonds in the rough that offer a more compelling yield without the premium price tag. Two top choices are pipeline giant Kinder Morgan (NYSE: KMI) and hospital REIT Medical Properties Trust (NYSE: MPW). As the following table shows, both offer an above-average current yield for a relatively cheap price:
Dividend Stock
Source: Fool.com
Kinder Morgan Inc. Stock
Our community is currently high on Kinder Morgan Inc. with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 21 € shows a slightly positive potential of 9.94% compared to the current price of 19.1 € for Kinder Morgan Inc..