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Riding the Stock Market's Tumult. Yet, Investors Can Still Gain Ground with Secure Stocks. Check Out These Low P/E, High-Dividend Picks Right Now.
The stock market landscape may appear daunting. But those who ride out the tempest, manage their risk, and keep a sharp eye out for opportunities, will emerge as enduring victors. Consider these secure stocks for a steady investment journey:
High-Dividend Yields and Low P/E Ratios in these Stocks
In the table below, investors can catch a glimpse of Food, Beverage, and Tobacco stocks from both the Stoxx Europe 600 and S&P 500, arranged by their current Price-to-Earnings ratio. Note the Glanbia stock from the UK, which boasts a P/E of 8.60 and a dividend yield of 3.81%. However, the Glanbia stock has slumped by 23.03% this year and is yet to stage a turnaround. Instead, focus on these promising food stocks:
Secure Food Stocks with High-Dividend Rates
The term "security" is generally hard to define in the stock market. Even seemingly secure stocks can take a dip. But investors can lower their risks by opting for stocks that are attractively priced and on an upward trajectory. This way, they dodge falling stocks and enjoy a buffer with an attractive pricing.
One such classic choice is Altria. This tobacco stock sports a P/E of 11.0 and boasts a high-dividend yield of 7.15%. Moreover, the stock has climbed by 7.80% since the turn of the year, a feat few stocks can match. So long as the Altria stock remains above the 200-day line, it's open for investment.
The Dutch stock of JDE Peets is intriguing. This global heavyweight in coffee and tea trading has completed a long correction but is now looking steady in a new uptrend. The JDE Peets stock has surged 23.3% since the beginning of the year. With a P/E of 11.4 and a dividend yield of 3.72%, the stock is far from overvalued. Make your move.
Before jumping in, don't forget to check out Trade Shocks: Wealth Manager Now Bets on These Secure Stocks and Gold.
And it's worth keeping an eye on the BÖRSE ONLINE Global Dividend Stars Index for more great dividend stocks.
Insights:
- McCormick & Company (MKC) is a dependable option for dividend investors due to its long-standing history of dividend growth and its stability in the consumer staples sector. With a dividend yield of roughly 2.4%, MKC offers a solid choice[1].
- J.M. Smucker (SJM), another player in the consumer staples sector, is esteemed for its longevity in consistent dividend payments. Despite not providing a specific dividend yield in the results, SJM is generally considered a safe investment[1].
For high-dividend stocks in general, not limited to food stocks, Edison International (EIX) offers a yield of around 6.0%. However, it's a renewable energy company, not a food stock[2]. The search results did not provide any specific high-dividend food stocks listed in the article.
Eager for consumer staples with potential for stability and dividends? Other notable companies like Procter & Gamble (PG) and Costco Wholesale (COST) are prominent players in the consumer staples sector; however, the search results did not highlight any specific dividend yields for these companies[4].
- Despite the volatile stock market, investors can find security with low P/E ratio and high-dividend yield stocks, such as Altria and JDE Peets, which have demonstrated growth and stability.
- For those seeking high-dividend food stocks, McCormick & Company and J.M. Smucker are reliable options due to their long-standing histories of consistent dividend payments, although specific dividend yields were not provided in the article for these companies.