Do you feel like you missed out bargain hunt? If so, you’re not alone. You had to be quick to snap up cheap dividend growth stocks when the S&P 500 is nearly flat in 2016.
So now it’s back to slim pickings for income investors. With the S&P 500 hitting new highs seemingly every day, valuations are stretched and dividend yields are down, as you can see from this snapshot of the trailing-twelve-month yield on the SPDR S&P 500
No matter how richly valued the market is, there are always strong dividend growers that aren’t getting a fair shake from investors.
Attached, in order of attractiveness, are 20 cheapest dividend champions that should be on your radar now.
Here are the cheapest dividend growth stocks with more than 25 consecutive years of dividend growth, sorted by forward P/E...
|20 Cheapest Dividend Champions |
By Forward P/E
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