by Fred Fuld III
It may be hard to believe that with so many stocks selling at recently very high levels, that there are actually stocks that not only sell below book value but also sell below cash per share. In addition, some of these stocks have little or no debt. Plus a few of these even pay dividends.
What selling below cash means is that if the company were to go out of business today, assuming the inventory, buildings, real estate, machinery, patents, and other assets were totally worthless, there would still be enough cash to distribute to all shareholders at an amount higher than the current stock price.
Here is a list of debt free stocks, selling below cash per share, and all have been paying dividends. .
| Company | Symbol | Mkt Cap | Yield | Business |
| DallasNews | DALN | 35M | 9.84% | Publishing |
| Communications Systems | JCS | 25M | 1.94% | Tech |
| Eneti | NETI | 261M | 0.59% | Shipping |
| Retail Value | RVI | 66M | 19.08% | REIT |
Just remember, these stocks are selling at a low price and have very low market caps for a reason, and are extremely speculative. In addition, high dividend payouts can be a red flag, and companies can stop paying dividends at any time.
No recommendations are expressed or implied. Do your own due diligence.
Disclosure: Author didn’t own any of the above at the time the article was written.