20 Cheap Stocks With The Highest Yields On The Market

In the seven years since the Federal Reserve slashed interest rates virtually to zero, investors have struggled to find income amid a low-yield landscape. 

That's why stocks with high dividend yields are particularly appealing right now to income investors and savers -- double-digit yields, even more so. 

Recently I wrote about the highest yielding stocks on the market with a buy or better rating. The yields from the results were all over 8 percent.

Today I like to share those stocks with you that offer the cheapest P/E, price-to-earnings ratios while having the highest yields on the market.

I've also include those stocks with a 2+ billion market capitalization. Limited Partnerships, Oil drillers, REITs and Telecoms are mostly higher yielding stocks, giving investors a large share of its annual profits back via dividends.

Here are the results...

Cheapest Dividend Paying Large Caps As of June 2013

Cheap large capitalized stocks with high growth originally published at “long-term-investments.blogspot.com. It's always good to own cheap stocks in order to gain a return. 

For sure, cheapness is a question of definition and in the end its growth that makes a stock cheap or expensive. 

I make each month a screen about the cheapest large capitalized dividend stocks. Below are screening criteria; they are very sternly in my view. I use this screen to find some attractive bargains. In a hot market it's ever hard to find low valuated stocks with great earnings growth perspectives. Especially within the recent months, the number of results decreased rapidly. Let’s look if the recent crisis 5/21 had some positive effects for the screen.

My criteria for the cheap large cap screen are:

- Market Capitalization over USD 10 billion

- Expected Earnings per share growth over 10 percent for the next year.

- P/E ratio under 15

- P/S and P/B ratio under 2

- Positive Dividends

Thirteen companies fulfilled these criteria. It’s exactly one stock less than last month. Two High-Yields are below the results and eight stocks have a current buy or better rating.