Only companies that had a market cap over $1 billion and headquarters located in the U.S. were included.
I used EBIT as the earnings metric, so it is not a perfect after-tax return on invested capital. I calculated invested capital two ways, one with goodwill, and one without goodwill.
In addition, each of stocks has a low forwad P/E, a positive dividend yield and payout ratios below 52 percent. The return on assets is between 7.50% and 32.70%.
14 stocks fulfilled my critera.
These are the results...
|14 Dividend Paying Stocks With Low P/E's |
And High Returns On Invested Capital
(click to enlarge)