by Fred Fuld III
If you are looking for income investments with growth potential, there is no better choice than stocks that pay a high dividend. However, you want to make sure that the stocks have good fundamentals.
Here are a few stocks yielding over 6%, with price to earnings ratios of less than 15, forward P/Es less than 15, a price to earnings growth ratio of less than one, and a price to sales ratio of less than one.
Ford Motor Company (F), the one of only two car companies that have never gone bankrupt (Tesla (TSLA) is the other one), trades at 6.3 times trailing earnings and 6.8 times forward earning. The stock has a dividend yield of 6.3%
Tupperware Brands (TUP), the kitchen products, storage, and beauty products company, trades at a forward P/E of 8.2% and pays a very generous yield of 7%.
Unique Fabricating (UFAB) is in the automotive parts manufacturing business. The forward P/E is 7.6% and the yield on the stock is a magnanimous 7.4%.
Hopefully, one of these stocks can boost your portfolio income.
Disclosure: Author didn’t own any of the above at the time the article was written.