These 5 Low P/E Stocks Pay 3+% Dividends — And Just Hit New Highs

Core Insights - The article discusses low price-earnings (P/E) ratio stocks that are currently paying dividends over 3% and have recently reached new highs, appealing to investors wary of high P/E growth stocks [2][3]. Group 1: Low P/E Stocks Overview - The current Shiller P/E ratio is 39.84, only surpassed during the late 1990s dot-com bubble, suggesting a potential market correction ahead [3]. - Investing in lower P/E stocks may provide a more stable long-term return despite lacking excitement [3]. Group 2: Individual Stock Analysis - Dillards: - P/E ratio of 17, dividend yield of 3.78%, market cap of $9.70 billion. Earnings have decreased by 16.31% this year and 4.21% over the past three years [4]. - The stock has shown a steady increase since April, with the 50-day moving average crossing above the 200-day moving average [4]. - Ford Motor Co: - P/E ratio of 15, dividend yield of 5.53%, market cap of $48.20 billion. Earnings are down 35% this year and 30% over the past three years [5]. - The stock's 50-day moving average crossed above the 200-day moving average in May, indicating strengthening momentum [5]. - Northwest Natural Gas: - P/E ratio of 17.71, dividend yield of 4.38%, market cap of $1.83 billion. Earnings increased by 25% this year but decreased by 7.43% over the past three years [7]. - Spire Inc: - P/E ratio of 17, dividend yield of 3.87%, market cap of $4.80 billion. Earnings are up 9% this year but down 5.49% over the past three years [8]. - TC Energy: - P/E ratio of 18, dividend yield of 4.65%, market cap of $55.40 billion. Earnings are down 13% this year but up 29% over the past three years [10]. - The stock has consistently traded above its 200-day moving average throughout the year [11].