3 Absurdly Cheap Dividend Stocks to Buy Right Now

Dividend stocks that are trading at low valuations can be attractive buys for multiple reasons. The first is that if they are priced low, they may possess a lot of upside in the long run, giving you the potential to not only net a lot of dividend income but also some significant gains from them. Secondly, a discounted stock may also offer a higher-than-typical yield. Buying the stock before it rallies can allow you to lock in a better yield than if you wait; as the stock price rises, the yield declines.Three dividend stocks that look like fantastic deals today are Target (NYSE: TGT), ExxonMobil (NYSE: XOM), and Village Supermarket (NASDAQ: VLGEA). Here's a look at their valuations, payouts, and why they may be worth adding to your portfolio today.Target has been among the most beaten-up retail stocks over the past year, losing 46% of its value over that stretch. As investors grow concerned about the economy and discretionary spending, Target, which relies heavily on discretionary purchases, has seen its valuation nosedive.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool