The stock market finished 2023's first quarter on a strong footing with the S&P 500 up over 7% through the end of March. However, many stocks are still trading at relatively cheap valuations.

Three stocks that are trading at price-to-earnings multiples of less than 20 and are excellent income-generating investments are Verizon Communications (NYSE: VZ), American Express (NYSE: AXP), and Pfizer (NYSE: PFE). Here's a look at why these are among the best dividend stocks you can buy right now.

One of the best deals out there for dividend investors right now is Verizon's stock. At less than eight times earnings, the shares are trading well below their three-year average.

Continue reading

Source Fool.com