3 Cheap Dividend Stocks That Report Earnings in February
Dividend stocks that are also good values give investors the opportunity to profit through dividend income as well as through capital appreciation. The three stocks listed below not only pay dividends that are yielding around 3% per year, but they're also cheap and have earnings reports right around the corner.
Strong quarterly results could send these stocks rallying this month, so these deals may not last for long.
CVS Health (NYSE: CVS) is expected to report its fourth-quarter earnings for fiscal 2019 on Feb. 12. The company is coming off an impressive showing in November when its third-quarter results beat analyst expectations for both revenue and earnings, as CVS also announced that it would be raising its guidance. Although it initially got a boost from the results, the stock is about where it was three months ago. That's good news for investors who want to buy it today since it's trading at a forward price-to-earnings ratio of just 10. And at a price-to-book multiple of just 1.5, it's an appealing buy for value investors.
Source Fool.com
