20 Cheapest Dividend Champions By Forward P/E

Buy low and sell high sounds easier than it is, but when premium stocks are trading below their true value, it's hard to miss.

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.

The market has unfairly punished all of these businesses. You can take advantage of current discounts by loading up on these high-quality businesses trading at bargain prices.

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
(click to enlarge)