3 Dividend Stocks That Are Dirt Cheap Right Now
Western Union (NYSE: WU), Midland States Bancorp (NASDAQ: MSBI) and Gilead Sciences (NASDAQ: GILD) are dividends stocks that hit the sweet spot with trailing price-to-earnings (P/E) ratios below 12, dividend yields above 4%, safe cash dividend payout ratios that are below 55% and a history of raising their dividends by double digits over the past five years. There's inexpensive, and then there's an inexpensive bargain, and I believe these three are in the latter category.
Bear in mind, none of the three companies have shown explosive revenue growth of late. However, what they do have is steady cash from operations and increased revenues this past year.
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Source Fool.com
