That reason may be the company’s business segment, it may be due to missteps by management or it may be due to outside pressures that make investors nervous.
Generally speaking, stocks trading under 10 times earnings do not have much growth. Growth stocks tend to be valued at multiples above the market, if their growth trend is expected to continue.
In todays screen for stocks under 10 times earnings, we evaluated large-cap companies, with easily recognized company names in mind.
Only one of these eight stocks have a market value under a baseline of $1 billion to $10 billion and three are valued over $10 billion, a measure for large cap companies.
These stocks all have raised dividends over more than 10 consecutive years while the forward P/E is below 10. The valuations of 10 times earnings and less were based on Thomson Reuters consensus estimates for 2015 and 2016.
Here are the results of the cheapest Dividend Achievers:
Alliance Holdings -- Yield: 11.56%
Alliance Holdings (NASDAQ:AHGP) employs 4,439 people, generates revenue of $2,300.32 million and has a net income of $492.67 million. The current market capitalization stands at $1.99 billion.Alliance Holdings’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $814.23 million. The EBITDA margin is 35.40% (the operating margin is 23.46% and the net profit margin 21.42%).
Financials: The total debt represents 36.62% of Alliance Holdings assets and the total debt in relation to the equity amounts to 148.41%. Due to the financial situation, a return on equity of 53.62% was realized by Alliance Holdings.
Twelve trailing months earnings per share reached a value of $4.44. Last fiscal year, Alliance Holdings paid $3.44 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 7.23, the P/S ratio is 0.86 and the P/B ratio is finally 3.52. The dividend yield amounts to 11.56%.
Stock Charts:
Long-Term Stock Price Chart of Alliance Holdings (AHGP) |
Long-Term Dividend Payment History of Alliance Holdings (AHGP) |
Long-Term Dividend Yield History of Alliance Holdings (AHGP) |
Alliance Resource Partners -- Yield: 11.44%
Alliance Resource Partners (NASDAQ:ARLP) employs 4,439 people, generates revenue of $2,300.72 million and has a net income of $497.21 million. The current market capitalization stands at $1.75 billion.Alliance Resource Partners’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $821.77 million. The EBITDA margin is 35.72% (the operating margin is 23.65% and the net profit margin 21.61%).
Financials: The total debt represents 36.68% of Alliance Resource Partners assets and the total debt in relation to the equity amounts to 82.61%. Due to the financial situation, a return on equity of 29.52% was realized by Alliance Resource Partners.
Twelve trailing months earnings per share reached a value of $3.99. Last fiscal year, Alliance Resource Partners paid $2.47 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 5.85, the P/S ratio is 0.76 and the P/B ratio is finally 1.37. The dividend yield amounts to 11.44%.
Stock Charts:
Long-Term Stock Price Chart of Alliance Resource Partners (ARLP) |
Long-Term Dividend Payment History of Alliance Resource Partners (ARLP) |
Long-Term Dividend Yield History of Alliance Resource Partners (ARLP) |
Donegal Group -- Yield: 3.88%
Donegal Group (NASDAQ:DGICA) employs 410 people, generates revenue of $586.55 million and has a net income of $14.54 million. The current market capitalization stands at $431.84 million.Donegal Group’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $111.47 million. The EBITDA margin is 19.00% (the operating margin is 3.03% and the net profit margin 2.48%).
Financials: The total debt represents 4.14% of Donegal Group assets and the total debt in relation to the equity amounts to 14.53%. Due to the financial situation, a return on equity of 3.58% was realized by Donegal Group.
Twelve trailing months earnings per share reached a value of $0.97. Last fiscal year, Donegal Group paid $0.53 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 14.23, the P/S ratio is 0.74 and the P/B ratio is finally 0.90. The dividend yield amounts to 3.88%.
Stock Charts:
Long-Term Stock Price Chart of Donegal Group (DGICA) |
Long-Term Dividend Payment History of Donegal Group (DGICA) |
Long-Term Dividend Yield History of Donegal Group (DGICA) |
Intl. Business Machines -- Yield: 3.58%
Intl. Business Machines (NYSE:IBM) employs 379,592 people, generates revenue of $92,793.00 million and has a net income of $15,752.00 million. The current market capitalization stands at $142.44 billion.Intl. Business Machines’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $25,350.00 million. The EBITDA margin is 27.32% (the operating margin is 21.54% and the net profit margin 16.98%).
Financials: The total debt represents 34.72% of Intl. Business Machines assets and the total debt in relation to the equity amounts to 343.82%. Due to the financial situation, a return on equity of 90.89% was realized by Intl. Business Machines.
Twelve trailing months earnings per share reached a value of $15.01. Last fiscal year, Intl. Business Machines paid $4.25 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 9.49, the P/S ratio is 1.54 and the P/B ratio is finally 12.14. The dividend yield amounts to 3.58%.
Stock Charts:
Long-Term Stock Price Chart of Intl. Business Machines (IBM) |
Long-Term Dividend Payment History of Intl. Business Machines (IBM) |
Long-Term Dividend Yield History of Intl. Business Machines (IBM) |
AFLAC Incorporated -- Yield: 2.70%
AFLAC Incorporated (NYSE:AFL) employs 9,235 people, generates revenue of $22,759.00 million and has a net income of $2,951.00 million. The current market capitalization stands at $24.91 billion.AFLAC Incorporated’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $6,002.00 million. The EBITDA margin is 26.37% (the operating margin is 21.13% and the net profit margin 12.97%).
Financials: The total debt represents 4.41% of AFLAC Incorporated assets and the total debt in relation to the equity amounts to 28.79%. Due to the financial situation, a return on equity of 17.90% was realized by AFLAC Incorporated.
Twelve trailing months earnings per share reached a value of $5.95. Last fiscal year, AFLAC Incorporated paid $1.50 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 9.59, the P/S ratio is 1.09 and the P/B ratio is finally 1.39. The dividend yield amounts to 2.70%.
Stock Charts:
Long-Term Stock Price Chart of AFLAC Incorporated (AFL) |
Long-Term Dividend Payment History of AFLAC Incorporated (AFL) |
Long-Term Dividend Yield History of AFLAC Incorporated (AFL) |
Ameriprise Financial -- Yield: 2.48%
Ameriprise Financial (NYSE:AMP) employs 12,209 people, generates revenue of $12,296.00 million and has a net income of $2,002.00 million. The current market capitalization stands at $19.26 billion.Ameriprise Financial’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $3,190.00 million. The EBITDA margin is 25.94% (the operating margin is 23.38% and the net profit margin 16.28%).
Financials: The total debt represents 11.95% of Ameriprise Financial assets and the total debt in relation to the equity amounts to 218.94%. Due to the financial situation, a return on equity of 19.87% was realized by Ameriprise Financial.
Twelve trailing months earnings per share reached a value of $8.71. Last fiscal year, Ameriprise Financial paid $2.26 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 11.92, the P/S ratio is 1.57 and the P/B ratio is finally 2.44. The dividend yield amounts to 2.48%.
Stock Charts:
Long-Term Stock Price Chart of Ameriprise Financial (AMP) |
Long-Term Dividend Payment History of Ameriprise Financial (AMP) |
Long-Term Dividend Yield History of Ameriprise Financial (AMP) |
Regal Beloit -- Yield: 1.58%
Regal Beloit (NYSE:RBC) employs 24,100 people, generates revenue of $3,257.10 million and has a net income of $36.10 million. The current market capitalization stands at $2.61 billion.Regal Beloit’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $439.00 million. The EBITDA margin is 13.48% (the operating margin is 3.73% and the net profit margin 1.11%).
Financials: The total debt represents 18.60% of Regal Beloit assets and the total debt in relation to the equity amounts to 32.76%. Due to the financial situation, a return on equity of 1.55% was realized by Regal Beloit.
Twelve trailing months earnings per share reached a value of $0.64. Last fiscal year, Regal Beloit paid $0.86 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 89.33, the P/S ratio is 0.80 and the P/B ratio is finally 1.34. The dividend yield amounts to 1.58%.
Stock Charts:
Long-Term Stock Price Chart of Regal Beloit (RBC) |
Long-Term Dividend Payment History of Regal Beloit (RBC) |
Long-Term Dividend Yield History of Regal Beloit (RBC) |
American Equity Investment Life Holding -- Yield: 0.86%
American Equity Investment Life Holding (NYSE:AEL) employs 418 people, generates revenue of $2,181.48 million and has a net income of $126.02 million. The current market capitalization stands at $1.99 billion.American Equity Investment Life Holding’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $462.45 million. The EBITDA margin is 21.20% (the operating margin is 12.69% and the net profit margin 5.78%).
Financials: The total debt represents 1.52% of American Equity Investment Life Holding assets and the total debt in relation to the equity amounts to 31.21%. Due to the financial situation, a return on equity of 7.15% was realized by American Equity Investment Life Holding.
Twelve trailing months earnings per share reached a value of $2.36. Last fiscal year, American Equity Investment Life Holding paid $0.20 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 9.72, the P/S ratio is 0.91 and the P/B ratio is finally 0.83. The dividend yield amounts to 0.86%.
Stock Charts:
Long-Term Stock Price Chart of American Equity Investment Life Holding (AEL) |
Long-Term Dividend Payment History of American Equity Investment Life Holding (AEL) |
Long-Term Dividend Yield History of American Equity Investment Life Holding (AEL) |