4 Dirt-Cheap Dividend Stocks With 10%+ Yields

Are you a dividend investor looking to cash in on stocks with extremely high yields, such as yields of 10% or more? Would it be even better if you could get those stocks at a discount? If so, we ran a screen that uncovered some pretty interesting picks.The PEG ratio (price/earnings to growth ratio) is a valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share [EPS], and the company's expected growth. In general, the P/E ratio is higher for a company with a higher growth rate. Thus using just the P/E ratio would make high-growth companies appear overvalued relative to others. It is assumed that by dividing the P/E ratio by the earnings growth rate, the resulting ratio is better for comparing companies with different growth rates. A lower ratio is 'better' (cheaper) and a higher ratio is 'worse' (expensive)
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