3 Undervalued Dividend Stocks for Long-Term Returns
The SP 500 recently fell into a bear market, defined as a 20% year-to-date drop, which has ramifications for dividend stocks. The good news for investors is that the stock market decline has created buying opportunities for long-term investors. Valuations have come down, while dividend yields are relatively higher as share prices continue to fall. Investors looking for cheap dividend stocks have more options to choose from. The following three dividend stocks have high potential long-term returns due to their future growth, low valuations and solid dividend yields. Ticker Company Price SWKS Skyworks Solutions $93.34 LII Lennox International $208.08 ALLY Ally Financial $33.72 Dividend Stocks: Skyworks Solutions (SWKS) Source: jittawit21|Shutterstock.com First on our list of undervalued dividend stocks, Skyworks Solutions is a semiconductor company that designs, develops and markets proprietary semiconductor products worldwide. Its products include antenna tuners, amplifiers, converters, modulators, receivers and switches.
3 Undervalued Dividend Stocks for Long-Term Returns
The SP 500 recently fell into a bear market, defined as a 20% year-to-date drop, which has ramifications for dividend stocks. The good news for investors is that the stock market decline has created buying opportunities for long-term investors. Valuations have come down, while dividend yields are relatively higher as share prices continue to fall. Investors looking for cheap dividend stocks have more options to choose from. The following three dividend stocks have high potential long-term returns due to their future growth, low valuations and solid dividend yields. Ticker Company Price SWKS Skyworks Solutions $93.34 LII Lennox International $208.08 ALLY Ally Financial $33.72 Dividend Stocks: Skyworks Solutions (SWKS) Source: jittawit21|Shutterstock.com First on our list of undervalued dividend stocks, Skyworks Solutions is a semiconductor company that designs, develops and markets proprietary semiconductor products worldwide. Its products include antenna tuners, amplifiers, converters, modulators, receivers and switches.