7 Undervalued Large Cap Basic Materials Dividend Stocks With Analyst Confidence

Are you a dividend investor looking for reasonable yields that don't break the bank? Today we focused on large cap basic materials stocks that not only pay hearty dividends, but that do so with disciplined payout ratios. We further honed in on companies that look undervalued from a price-multiple perspective. The list that our screen produced is not only diverse, but also rather interesting.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 is financing its
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