From The Motley Fool · James Brumley · · 50s
3 Cheap Dividend Stocks I'd Buy Without Hesitation
Three dividend stocks trading cheaply with strong yields.
In brief
Three dividend stocks trading cheaply with strong yields. Bristol Myers Squibb, Target, and PepsiCo offer high dividend yields at low valuations. Originally reported by The Motley Fool.
Bristol Myers Squibb
Bristol Myers Squibb trades at $61.21 with a 4.10% dividend yield.
Target
Target shares trade at 16.5 times next year's earnings with a 3% dividend yield.
PepsiCo
PepsiCo offers a 4.28% dividend yield at 16.5 times 2026's expected earnings.
Dividend yields
Bristol Myers Squibb has paid dividends for 94 years with 17 consecutive annual increases.
Target's turnaround
Target's same-store sales improved 3.8% in the quarter ending early August.
PepsiCo's growth
PepsiCo's third-quarter organic revenue growth reached 3.1%.
What it means
Bristol Myers Squibb, Target, and PepsiCo offer high dividend yields at low valuations.
