7 Cheap Stocks With Recent Dividend Hikes

by Dividend Yield
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Submitted by Dividend Yield as part of our contributors program.

In economic difficult times, it makes sense to scout for investment opportunities with robust business models and sustainable dividends. Despite the uncertainty, many companies have a good ongoing business operation and they are still confident about the economic future. That’s the reason why they have raised dividends. Last week, 23 stocks and funds raised dividends of which 10 have a dividend growth of more than 10 percent. The average dividend growth amounts to 25.23 percent. However, I screened the recent dividend growth stocks by real bargains, measured by a P/E ratio of less than 15. These are the detailed results:

New York Mortgage Trust (NYMT) has a market capitalization of $96.96 million. The company generates revenues of $24.29 million and has a net income of $4.81 million. The firm’s EBITDA amounts to $7.12 million. Because of these figures, the EBITDA margin is 29.31% (operating margin 21.58% and the net profit margin finally 19.80%).

The total debt representing 35.85% of the company’s assets and the total debt in relation to the equity amounts to 287.02%. Last fiscal year, a return on equity of 6.13% was realized. Twelve trailing months earnings per share reached a value of $0.69. Last fiscal year, the company paid $1.00 in form of dividends to shareholders. The company announced a dividend increase of 8.0%.

Here are the price ratios of the company: The P/E ratio is 9.87, Price/Sales 4.79 and Price/Book ratio 1.12. Dividend Yield: 15.72%. The beta ratio is 1.02.

Dynex Capital (DX) has a market capitalization of $545.62 million. The company generates revenues of $83.38 million and has a net income of $39.81 million. The firm’s EBITDA amounts to $37.58 million. Because of these figures, the EBITDA margin is 45.07% (operating margin 47.59% and the net profit margin finally 47.75%).

The total debt representing 83.83% of the company’s assets and the total debt in relation to the equity amounts to 582.93%. Last fiscal year, a return on equity of 12.00% was realized. Twelve trailing months earnings per share reached a value of $1.06. Last fiscal year, the company paid $1.09 in form of dividends to shareholders. The company announced a dividend increase of 3.6%.

Here are the price ratios of the company: The P/E ratio is 9.43, Price/Sales 6.47 and Price/Book ratio 1.08. Dividend Yield: 11.69%. The beta ratio is 0.45.

San Juan Basin Royalty Trust (SJT) has a market capitalization of $659.05 million. The company generates revenues of $68.71 million and has a net income of $67.19 million. The firm’s EBITDA amounts to $67.19 million. Because of these figures, the EBITDA margin is 97.79% (operating margin 97.79% and the net profit margin finally 97.79%).

The company has no long-term debt. Last fiscal year, a return on equity of 481.81% was realized. Twelve trailing months earnings per share reached a value of $1.44. Last fiscal year, the company paid $1.44 in form of dividends to shareholders. The company announced a dividend increase of 1.7%.

Here are the price ratios of the company: The P/E ratio is 9.84, Price/Sales 9.33 and Price/Book ratio 48.75. Dividend Yield: 9.61%. The beta ratio is 0.66.

Mesa Royalty Trust (MTR) has a market capitalization of $56.76 million. The company generates revenues of $6.66 million and has a net income of $6.51 million. The firm’s EBITDA amounts to $6.51 million. Because of these figures, the EBITDA margin is 97.69% (operating margin 97.69% and the net profit margin finally 97.69%).

The company has no long-term debt. Last fiscal year, a return on equity of 94.60% was realized. Twelve trailing months earnings per share reached a value of $2.85. Last fiscal year, the company paid $2.96 in form of dividends to shareholders. The company announced a dividend increase of 66.3%.

Here are the price ratios of the company: The P/E ratio is 10.68, Price/Sales 8.59 and Price/Book ratio 9.40. Dividend Yield: 9.15%. The beta ratio is 0.89.

Cross Timbers Royalty Trust (CRT) has a market capitalization of $202.50 million. The company generates revenues of $18.38 million and has a net income of $17.96 million. The firm’s EBITDA amounts to $17.96 million. Because of these figures, the EBITDA margin is 97.69% (operating margin 97.69% and the net profit margin finally 97.69%).

The company has no long-term debt. Last fiscal year, a return on equity of 128.55% was realized. Twelve trailing months earnings per share reached a value of $3.00. Last fiscal year, the company paid $2.99 in form of dividends to shareholders. The company announced a dividend increase of 8.4%.

Here are the price ratios of the company: The P/E ratio is 11.26, Price/Sales 10.93 and Price/Book ratio 14.98. Dividend Yield: 8.64%. The beta ratio is 0.62.

Walgreen (WAG) has a market capitalization of $25.51 billion. The company generates revenues of $72,184.00 million and has a net income of $2,714.00 million. The firm’s EBITDA amounts to $5,393.00 million. Because of these figures, the EBITDA margin is 7.47% (operating margin 6.05% and the net profit margin finally 3.76%).

The total debt representing 8.77% of the company’s assets and the total debt in relation to the equity amounts to 16.23%. Last fiscal year, a return on equity of 18.56% was realized. Twelve trailing months earnings per share reached a value of $2.90. Last fiscal year, the company paid $0.75 in form of dividends to shareholders. The company announced a dividend increase of 22.2%.

Here are the price ratios of the company: The P/E ratio is 10.21, Price/Sales 0.35 and Price/Book ratio 1.75. Dividend Yield: 3.77%. The beta ratio is 0.99.

Medtronic (MDT) has a market capitalization of $39.58 billion. The company generates revenues of $16,184.00 million and has a net income of $3,415.00 million. The firm’s EBITDA amounts to $5,156.00 million. Because of these figures, the EBITDA margin is 31.86% (operating margin 25.61% and the net profit margin finally 21.10%).

The total debt representing 32.14% of the company’s assets and the total debt in relation to the equity amounts to 62.13%. Last fiscal year, a return on equity of 20.65% was realized. Twelve trailing months earnings per share reached a value of $3.22. Last fiscal year, the company paid $0.97 in form of dividends to shareholders. The company announced a dividend increase of 7.2%.

Here are the price ratios of the company: The P/E ratio is 11.86, Price/Sales 2.42 and Price/Book ratio 2.29. Dividend Yield: 2.57%. The beta ratio is 0.84.

Take a closer look at the full table of the stocks with recent dividend hikes. The average dividend growth amounts to 25.23 percent and the average dividend yield amounts to 5.81 percent. Stocks from the sheet are valuated with a P/E ratio of 18.79. The average P/S ratio is 5.36 and P/B 6.35.

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