Investors looking for a mix of quarterly dividends and low debt in their stock picks may find interest in four companies: AllianceBernstein Holding, Centerra Gold, Janus Henderson, and Teekay Tankers. These companies offer shareholders the benefit of receiving a dividend payment while also maintaining either no debt or a very low debt-to-equity ratio. For those who prefer a more conservative investment approach, these stocks could offer a sense of security in uncertain markets dominated by high-flying tech and social media companies that do not pay dividends.
AllianceBernstein Holding is an investment firm with global operations based in Nashville, Tennessee. Analysts have given it positive ratings, with TD Cowen and Goldman Sachs both bullish on the stock. With a market capitalization of $3.93 billion, the stock currently trades at a price-earnings ratio of 14 and is available at 1.89 times its book value. The company has a debt-to-equity ratio of 0.0 and pays shareholders a dividend of 8.09%. Despite its relatively light average daily volume of 324,000 shares, AllianceBernstein Holding could be an attractive option for investors seeking stability in their investments.
Centerra Gold is a precious metals mining company operating in multiple countries, including the United States, Turkey, and Canada. With a market capitalization of $1.50 billion, the stock is currently trading at a 13% discount from its book value and has a price-earnings ratio of 27.45. Although analysts are forecasting a negative earnings number of -24.70% next year, the company’s debt-to-equity ratio is only .01. Centerra Gold pays a dividend of 2.97% to its shareholders and has an average daily volume of 474,000 shares, making it a potentially lucrative option for those interested in the mining sector.
Janus Henderson is a London-based money management firm with a market capitalization of $5.59 billion. The company’s earnings this year are up by 9.72% and have decreased over the past 5 years by 1.88%. With a price-earnings ratio of 13.16 and trading at 1.26 times book value, Janus Henderson recently received an upgrade from TD Cowen, who now rates the stock as a “buy” with a price target of $37. The company has a debt-to-equity ratio of .07 and offers a dividend of 4.48% to its shareholders. With an average daily volume of 1.12 million shares, Janus Henderson is a reputable option for those seeking exposure to the financial sector.
Teekay Tankers is a marine oil and gas shipping company that has been in business since 1973, with headquarters in Bermuda and operations centers in Houston, Texas, and Vancouver, British Columbia. With a market capitalization of $2.47 billion, the stock trades at 1.49 times its book value and has a price-earnings ratio of 5. Earnings this year are down by 3.36%, and analysts are predicting a further decrease of 1.46% next year. However, the company has a low debt-to-equity ratio of .04 and offers a dividend of 1.39% to its shareholders. With an average daily volume of 385,000 shares, Teekay Tankers could be a valuable addition to a diversified portfolio.
