Large Caps Trading Below Book Value And Paying Dividends

It might be a value stock if you can pick it up at below book value.

That it’s making money and paying dividends makes it interesting. Add to those qualities that’s it’s a large capitalization equity and actively traded, it’s likely —not guaranteed but likely — you can get in and out of it without a ridiculous spread between the bid and the ask.

These 4 stocks fit that mold.

Dividend Paying Value Stocks:

Citizens Financial Group
CFG
is a Providence, Rhode Island-based bank with a market capitalization of $12.66 billion. The New York Stock Exchange traded stock trades at 59% of its book value with a price-earnings ratio of 6.08. Earnings this year are off by 7.89% — the record over the past 5 years shows growth of 4.75%. Citizens Financial pays a 6.34% dividend.

Capital One
COF
Financial is a credit services firm with corporate headquarters in McLean, Virginia. Market capitalization comes to $37.02 billion. Shares can be purchased at a 32% discount from book value. The NYSE-listed stock is trading with a price-earnings ratio of 7.43. This year’s earnings are down by 33.90% and up over the past 5 years by 38.72%. The company offers investors a dividend of 2.52%.

M & T Bank is Buffalo, New York-based and offers banking services in 12 states, mostly along the East Coast. Market capitalization for the company is $20.99 billion. The stock trades with a price-earnings ratio of 7.49 and at 88% of its book value. Earnings this year are up by 40.75% and up over the past 5 years by 5.79%. M&T Bank
MTB
pays a dividend of 4.13%.

State Street is an asset management firm headquartered in Boston, Massachusetts. With a market capitalization of $21.34 billion, the stock is trading at a 3% discount to book value with a price-earnings ratio of 9.04. This year’s earnings are off by 2.62%. Over the past 5 years, they’ve shown growth of 6.52%. The company pas a 3.94% dividend.

Source: https://www.forbes.com/sites/johnnavin/2023/09/30/large-caps-trading-below-book-value-and-paying-dividends/