Avantor Performance Materials (Previously Known as Mallinckrodt Baker) to Acquire RFCL Limited From ICICI Venture
Acquisition Represents Strategic Growth Investment in Laboratory, Pharmaceutical, Electronic Materials and Diagnostics Markets in India
3 Undervalued Brazilian Basic Materials Dividend Stocks With High Option Yields
Double Dividend Stocks submits:
Are you looking for undervalued dividend paying stocks? If you think that emerging markets will keep expanding, maybe you should take a look at the Basic Materials sector, which has only risen 6.6% in the past year, vs. the Consumer Goods sector, which is up 19.5%. We found 3 Brazilian stocks in the Basic Materials sector that stand to profit from emerging market growth: Vale (VALE), Gerdau (GGB), and Companhia Siderurgica Nacional (SID).
Although none of these firms’ dividends are high enough to be in our High Dividend Stocks tables, you can still achieve double digit yields via selling covered calls or cash secured puts (see tables below). These dividend stocks all suffered in the ongoing downturn, as evidenced by their negative EPS growth for the past year, but when you look at their prospects for next year, it’s a much better story, with very low next-year PEG ratios:
5 Undervalued Basic Materials / Energy Dividend Stocks
Double Dividend Stocks submits:
Are you looking for bargain basement dividend paying stocks with good earnings growth forecasts? Here’s a good place to start your search:
Our Stock Market Data page shows the Energy sector is off 8.65%, while the Basic Materials sector is down -8.43% year-to-date. Additionally, our Market Cap/Style table shows that Large Cap Growth has taken the biggest hit, dropping -3.92% YTD. These two sectors have lagged way behind other industry sectors over the past year, as investors have questioned the strength of the global recovery, and future demand. If you believe that there will be steady or increased future demand for oil, natural gas, copper and the like, then you may want to research these 5 dividend stocks further.
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