Cheap Dividend Stocks With Payout Ratio Under 40%


Investing in dividend stocks is one of the safest strategies to secure long-term financial security and increased monthly or quarterly income. Target Corporation, Pepsico, Inc. (NASDAQ: PEP), Verizon Communications (NYSE: VZ), and Pepsico, Inc. (NASDAQ: PEP) are all good stocks to invest in. Simply put, a company’s payout ratio is the amount of dividends it pays out to investors and shareholders. Investing in dividend equities with payout ratios of 35-55 percent is usually a good idea. Lower payout ratio dividend stocks outperform their higher-paying peers by 8.2 percent each year.

Insider Monkey takes a look at the 10 cheap dividend stocks with payout ratio under 40%. Peoples Bancorp Inc. is Peoples Bank’s holding company. Demand deposit accounts, savings accounts, money market accounts, and certificates of deposit are among the deposit instruments accepted by the company, which also offer a variety of other financial services. The next firm on the list of inexpensive dividend stocks with a payout ratio under 40% is Bank of Marin Bancorp. Among other financial goods and services, the company offers personal and commercial checking and savings accounts. It has gained 4.65% so far this year and 13.36% in the previous year. West Bancorporation, Inc. has up 31.01 percent in the last six months and 61.85 percent this year. On the list of cheap dividend stocks with a payout ratio of less than 40%, the business is ranked eighth. Fulton Financial Corporation provides commercial and consumer banking and financial services. The company is ranked 7th on the list of low-cost dividend companies with a payout ratio of less than 40%. Raymond James has a Market Perform rating on Fulton Financial Corporation as of April. BancorpSouth Bank is the 6th cheapest dividend stock on our list, with a payout ratio of less than 40%. The company’s revenue was $282.13 million, up 7.45 percent year over year and $13.50 million higher than expected. For more details, click 10 Cheap Dividend Stocks With Payout Ratio Under 40%.