2 Embarrassingly Cheap Dividend Stocks
For income investors, what is better than a good dividend stock with a high yield? How about a good dividend stock with a high yield that is also ridiculously cheap, with the potential to deliver solid earnings growth and above-average returns?
Here are two stocks I see as excellent choices: Prudential Financial (NYSE: PRU) and Citigroup (NYSE: C).
Prudential Financial is known as one of the largest life insurance companies in the U.S., but it has three primary revenue streams. It has a U.S. business, which includes insurance, annuities, and retirement plan servicing; an international insurance business; and an investment arm, PGIM Investments. Prudential had a difficult 2020, hurt by low interest rates and increased claims due to the pandemic. The stock price was down about 11% in 2020, but it has bounced back in 2021, up 32% year to date through the end of June.
Source Fool.com
