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4 Cheap Dividend Stocks You Can Buy Right Now -Breaking

by Mike Robinson

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© Reuters. Four Cheap Dividend Stocks That You Can Purchase Right Now

Rising inflation, the Federal Reserve’s decision to taper its bond-buying, and several other factors are expected to keep the stock market under pressure in the near term. So, it could be wise to bet on high-yield stocks China Petroleum & Chemical (NYSE:), Dow (DOW), Ternium (TX), and KT Corporation (NYSE:), which look undervalued at their current price levels, to secure a steady stream of income.Since rising inflation, geopolitical tensions, supply chain disruptions, the Federal Reserve’s decision to speed up tapering its bond purchases, and the fears over the omicron coronavirus variant are expected to keep the stock market volatile, it could be wise to bet on dividend stocks to ensure a steady income stream.

Many stocks that have a strong history of dividend payments and high earnings growth potential trade at reasonable valuations due to last week’s market correction. You could also earn decent returns by betting on these stocks.

Dividend-paying stocks China Petroleum & Chemical Corp. (SNP), Dow Inc. (DOW), Ternium S.A. (TX), and KT Corporation (KT), which are currently trading at discounted valuations, could be ideal bets now.

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