3 Embarrassingly Cheap Dividend Stocks
An ever-increasing focus on renewable energy, combined with volatile oil and gas prices, has left investors apathetic toward conventional energy stocks. However, oil products and related services continue to enjoy robust demand, offering some extremely attractive opportunities for dividend-seeking investors.
What is vital is to select companies that are well-placed to face the current challenges in the energy markets. Three such companies are Chevron (NYSE: CVX), Kinder Morgan (NYSE: KMI), and Enterprise Products Partners (NYSE: EPD). Let's look at why these three dividend stocks are best equipped to generate steady income for long-term investors.
Chevron, Kinder Morgan, and Enterprise Products Partners all are trading at appealing valuations. Each of the three stocks is trading at an attractive forward EV-to-EBITDA multiple of below 10 times -- much lower than that of the broader market.
Source Fool.com
