9 Great Dividend Stocks That Have Gone on Sale

The Standard & Poor’s 500-stock index sits near a record high, and bond yields remain historically low.

LONDON, ENGLAND - DECEMBER 30: People walk past a sale sign outside a department store on Oxford Street on December 30, 2015 in London, England. Shoppers are continuing to spend as stores off
(Image credit: Getty Images)

The Standard & Poor’s 500-stock index sits near a record high, and bond yields remain historically low. That has made it a challenge to earn a reasonable return without taking excessive risk. Fortunately for new money, some dividend stocks haven’t kept pace with the market, and instead have become value-priced sources of income.

Several high-quality dividend payers are out of favor today, trading at discounted prices (relative to their own historical valuations) while still providing secure income and the potential for long-term capital appreciation.

Today’s values have been identified using not price-to-earnings, price-to-book or other typical metrics, however, but dividend yield. Specifically, we looked for dividend stocks that are yielding meaningfully above their long-term averages – akin to the Dogs of the Dow investment strategy.

While a relatively high yield can be a warning sign in some cases, the nine companies we’ll discuss today boast rock-solid businesses, safe dividends and favorable long-term outlooks. Better still, each of the stocks on this list has paid uninterrupted dividends for at least 20 years. As a result, their greater-than-usual yields suggest attractive valuations. Here’s a look at these sale-priced income plays.


Data is as of Nov. 24, 2017. Dividend yields are calculated by annualizing the most recent quarterly payout and dividing by the share price. Click on ticker-symbol links in each slide for current share prices and more.

Brian Bollinger
Contributing Writer, Kiplinger.com

Brian Bollinger is President of Simply Safe Dividends, a company that provides online tools and research designed to help investors generate safe retirement income from dividend stocks without the high fees associated with many other financial products.