Some Cheap Dividend Payers


Tim Melvin

 | Jul 01, 2014 | 3:00 PM EDT
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It will come as no secret that the pool of attractive safe and cheap stocks is becoming pretty shallow. We have had five years of straight-up action and have just reeled off six consecutive quarters of positive returns. That's the longest run of quarterly advances in 16 years. The continued advance continues to push most stocks well above levels that would be considered safe and cheap. Even more difficult is finding safe and cheap stocks that pay a dividend. Here in the US I found just 27 stocks that pass through the filters of balance sheet safety and trading below book value.

The majority of them are Mortgage REITs and Business Development Companies. Just two stocks pass through all the criteria, pay a dividend, are over $100 million in market cap and are actually operating businesses. If you do not already own shares of Rowan (RDC) and Richardson Electronics (RELL) you should consider picking some up on the next down day in the stock market....535 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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