20 Top Picks with Low P/E Multiples — Top Picks for Value-Investors

In the world of investing, the allure of dividend champions lies in their ability to provide consistent returns over the long term. However, for investors seeking a cost-effective approach to dividend investing, the hunt for the cheapest dividend champions becomes a strategic pursuit. In this article, we unveil 20 top picks with low P/E multiples, focusing on three standout choices: AT&T, Chevron, and 3M.

Dividend Champions with low P/E Ratios

1. AT&T (T): AT&T has long been a stalwart in the telecommunications industry, known not only for its robust dividend history but also for its appealing valuation. With a low P/E multiple, AT&T offers investors an attractive entry point into a company with a solid track record of dividend growth.

2. Chevron (CVX): As a major player in the energy sector, Chevron stands out for its dividend consistency and a favorable P/E ratio. The company's commitment to returning value to shareholders through dividends makes it an appealing choice for those looking for both income and a reasonable valuation.

3. 3M (MMM): 3M, a diversified industrial conglomerate, has earned its status as a dividend champion over the years. With a history of consecutive dividend increases and a modest P/E ratio, 3M presents an opportunity for investors to gain exposure to a reliable income stream without breaking the bank.

Cheap Dividend Champions 2023

Now, let's explore 17 additional top picks with low P/E multiples:

(S'ouvre dans une nouvelle fenêtre)

other names in the Dividend Champions space are:

4. Procter & Gamble (PG)

5. Johnson & Johnson (JNJ)

6. AbbVie (ABBV)

7. Pfizer (PFE)

8. Coca-Cola (KO)

9. IBM (IBM)

10. Verizon (VZ)

11. General Dynamics (GD)

12. Target (TGT)

13. Caterpillar (CAT)

14. Emerson Electric (EMR)

15. Cardinal Health (CAH)

16. Lowe's (LOW)

17. Sysco (SYY)

18. McDonald's (MCD)

19. Johnson Controls (JCI)

20. Consolidated Edison (ED)

These companies, like AT&T, Chevron, and 3M, exhibit a combination of dividend strength and attractive valuations. Investors keen on building a portfolio of dividend champions at a reasonable cost may find these selections particularly appealing.

It's important to note that while a low P/E ratio can be an indicator of value, thorough research and consideration of a company's fundamentals are crucial before making any investment decisions. Diversification and a long-term perspective remain key principles for successful investing, even when seeking the cheapest dividend champions.

by the way...if you like this list and you want more tables like the above published, please help me now. Please read the following text to understand why I need your help. Thank you.

I've been working on this blog for years, without much success. But…many people got a lot of inspirational information from my work - for free. I think that's good, but unfortunately I have my own expenses, a wife and children. That's why I need your support to keep the blog running.

You can easily support my project on the crowdfunding platform Steady (S'ouvre dans une nouvelle fenêtre). It's an alternative to Patreon. 

As a small gift for your support, you will receive monthly updated lists of the best dividend growth stocks in the world -- stock lists from USA, Canada and Japan with over 1.100 long-term dividend growth stocks.

You can use these lists to display, modify, calculate and sort important key figures such as the dividend yield, return on equity ratio, FCF-Yield or price-to-book-ratio. Over 40 ratios are available for sorting. The lists are updated once a month and will be free to use for all supporter on Steady (S'ouvre dans une nouvelle fenêtre).

If you want to know how the Excel-Spreadsheet looks like, you can view a sample file on Google Spreadsheets (S'ouvre dans une nouvelle fenêtre). Just follow the link and you get an idea how it works for you. 

As I said, this is just a sample file. With your help, these Excel-Spreadsheets can be developed further. All I need is a support from you. Please participate in one of the programs listed below to support my project (S'ouvre dans une nouvelle fenêtre).

Thank you so much for your support! If you don't have the financial flexibility to help me, you can easily share this project or post with your social connections on Facebook, Twitter, Instagram, Pinterest or TikTok. It could be a great way to keep this site alive. Thank you so much.