My Forever Portfolio: 3 Dividend-Paying Value Stocks That Are Too Cheap to Ignore.
As the 10-Year Treasury yield tops 5% -- its highest level since 2007 -- it might seem like a bad time to buy blue chip dividend stocks. In this environment, low-risk CDs and T-bills offer higher yields than many dividend stocks, making them the more sensible play for many investors. However, dividend stocks with yields higher than the 10-Year Treasury but cheaper than the S&P 500 (SNPINDEX: ^GSPC) , which has a forward price-to-earnings ratio of 19, could still hold up well in this challenging market. These three stocks in my portfolio fit that description: Altria (NYSE: MO) , Realty Incom e (NYSE: O) , and Main Street Capital (NYSE: MAIN) . Image source: Getty Images. Continue reading