2 Dirt-Cheap Dividend Stocks Trading Below Their Book Values
Dividend stocks can be foundational to your portfolio and help you build it up year after year. The recurring income that these investments generate can help offset declines elsewhere or allow you to collect cash without having to sell shares. Buying stocks trading at discounts can also increase your odds of coming away with a great return on your investment years later.
A couple of incredibly cheap dividend stocks you can buy today include Viatris (NASDAQ: VTRS) and Kraft Heinz (NASDAQ: KHC). They are trading well below their book values, and also offer some mouth-watering yields on their dividends. Let's find out a bit more about these two stocks.
Viatris specializes in generic drug production. That should make it a fairly stable investment given the need for ongoing healthcare, but investors haven't been willing to pay much for the business lately. At a price-to-book (P/B) value of 0.53, the stock is trading at a steep discount to its stated value.
Source Fool.com
