| Last week, while speaking at a conference in Tokyo, I told the audience that the bear market of 2022 was the best thing to happen to income investors in a long time. Not only did rising interest rates make it possible to finally earn a decent yield on fixed income investments, but depressed stock prices pushed yields higher. As a result, today you can pick up some terrific, high-quality companies at a discount to where they were trading a year ago, despite growing earnings. And the best part is you'll earn a strong dividend yield. Let's take a look at a few dividend stocks now trading at a discount. Bank of Montreal (NYSE: BMO) A year ago, if you'd bought shares of Bank of Montreal, you'd have forked over around $108 per share. Today, you'll pay a little over $90. Earnings per share have grown 20% over the past five years and are projected to grow 5% next year. Meanwhile, with a price-to-earnings (P/E) ratio of 9, it's trading 15% below its five-year average P/E. The stock yields 4.5%. If you'd bought it a year ago, you'd be earning a 3.8% yield. Here's another one... |
Tidak ada komentar:
Posting Komentar