3 Undervalued Mid Caps With High Yields And Substantial Profits

Are you a dividend investor who not only values yield, but companies with solid fundamentals? Today we looked for dividend stocks with high yields, but with sustainable payouts, backed by strong profitability. We focused only on those stocks that also look undervalued from a price-multiple perspective. You might like the list we came up with.The forward P/E is a price multiple valuation metric, which is similar to the current P/E ratio, except that it uses the forecasted earnings instead. While this number might not be as accurate because it uses "forecasted" numbers, it does offer the benefit of illustrating analysts' expectations of a firm. If the market believes that earnings will grow moving forward, then the forward P/E should be lower than the current P/E. Financial Leverage, also known as the Equity Multiplier, illustrates how a firm
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