08-02-2016, 08:07 AM
Since so many common DGI stocks seem to be over priced, I wanted to cast the search wider to find quality stocks that are still reasonably priced. I already hold a decent sized position on AGU and will probably add to it in the future.
Agrium Inc.
P/E: 13
Yield: 3.9%
Payout: 50%
D/E: 0.9
Dividend Growth: 5 Years
Pros:
Low P/E, decent yield without a high payout ratio or too much debt. It is diversified across multiple fertilizers, countries, and distribution channels.
Cons:
It has a cyclical business model that can impacted by demand, weather, and compitition. Short history of rising dividends
http://seekingalpha.com/article/3991494-...mpany-wins
http://seekingalpha.com/article/3968079-...rld-income
Agrium Inc.
P/E: 13
Yield: 3.9%
Payout: 50%
D/E: 0.9
Dividend Growth: 5 Years
Pros:
Low P/E, decent yield without a high payout ratio or too much debt. It is diversified across multiple fertilizers, countries, and distribution channels.
Cons:
It has a cyclical business model that can impacted by demand, weather, and compitition. Short history of rising dividends
http://seekingalpha.com/article/3991494-...mpany-wins
http://seekingalpha.com/article/3968079-...rld-income