Top Dividend Stocks to Consider During Market Discounts

Dividend stocks trading at discounted prices can offer great investment opportunities. This analysis highlights AstraZeneca, ExxonMobil, and Toronto-Dominion Bank, all providing attractive yields and long-term growth potential.

Date: 15-01-2025

AI Rating: 7

AstraZeneca (NASDAQ: AZN) offers a dividend yield of 2.2%, surpassing the S&P 500 average of 1.3%. The company generated over $51 billion in sales with a profit margin of 13%. Although currently trading near its 52-week low, it presents a prospective long-term growth investment with a forward P/E ratio of just over 14, compared to the sector average of 20.

ExxonMobil (NYSE: XOM) provides a robust dividend yield of 3.7%, with its annual dividend rising for 42 consecutive years. The company recorded $33.7 billion in profit on $339.9 billion in sales, reflecting significant profitability. Its forward P/E ratio of 12 indicates that the stock is trading at a favorable valuation relative to its earnings potential.

Toronto-Dominion Bank (NYSE: TD) offers a yield of 5.2%, with a history of dividends since 1857, showcasing its stability. Despite facing near-term challenges, including a $3 billion charge related to money laundering compliance, it still has a forward P/E of 10, suggesting potential for long-term investors willing to endure short-term market fluctuations.

Stocks: AZN XOM TD