Ten Crazy-Cheap Stocks With Dividend Yields Above 3%
The oil companies, ConocoPhillips (COP) and Chevron (CVX), face increasing costs to extract oil and gas around the world, but abundant supplies, for now, that are likely to dampen prices and thus profits. And with a slack world economy, demand is weak.
And JPMorgan (JPM) is a big messy bank, carrying loads of risk and lacking a history of being any good at extracting industry-leading profits from its franchise.
So, yield junkies, you’ve been warned. But a quick dialing of the YCharts Stock Screener on PE ratio and dividend yield can give you a list more suited to your risk appetite. You can also check payout ratios, cash flows and balance sheet strength.