14 Dividend Paying Stocks With Low P/E's And High Returns On Invested Capital

I built a screen that I would like to share that acts as a starting point in identifying quality stocks that have great historical returns on invested capital and relatively low current valuations.

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)