3 Dividend Stocks Trading At or Below Their Book Values
Stocks that are trading below their book values, especially for businesses that are sound and aren't facing significant risks, could be attractive buying opportunities. Low valuations can make dividend stocks particularly appealing since it will give investors the chance to benefit from both recurring income as well as capital gains if the underperforming stocks are able to bounce back.
Below are three stocks that have the potential to rise in value while also providing investors with dividend income along the way.
Honda (NYSE: HMC) is currently trading well below its book value at a price-to-book (P/B) multiple of around 0.70. The stock also trades at a very modest five times earnings.
Source Fool.com
