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Chevron Corporation (CVX), DIRECTV (DTV) & More: Three Stocks with Low P/E Ratios and High Growth Rates

Not only are these companies priced attractively, but they each happen to be extremely shareholder-friendly stocks. Chevron Corporation (NYSE:CVX) has one of the best dividends in the energy sector, having increased its shareholder distribution for 25 years in a row. Even more impressively, 2012 marked the company’s 100th year of continuous dividend payments to its shareholders.

DIRECTV (NASDAQ:DTV) doesn’t pay a dividend, but it does buyback boatloads of its shares. The company bought back more than $5 billion of its shares in 2012, and in conjunction with its annual earnings report, announced it had authorized a new $4 billion share buyback plan going forward.

PPL, meanwhile, does hold true to one aspect of a utility’s traditional reputation: paying hefty dividends to shareholders. The stock yields 4.9% at recent prices and has increased its dividend in 11 of the last 12 years; the new dividend rate of $1.47 per share annualized reflects a 177% increase over that 12-year period.

All the makings of true winners

The stocks presented here offer the tantalizing combination of extremely high EPS growth over the last three years in addition to tempting valuations. These three companies have done an admirable job digging themselves out of the economic trough caused by the Great Recession, yet aren’t being sufficiently rewarded for their success.

These stocks’ profits are growing like weeds, and in turn they are returning those profits to shareholders through a mixture of dividends and/or share repurchases. Add to this the fact that each of these stocks trades for extremely attractive valuations, and the conclusion is clear: if you’re an investor intrigued by the prospect of high-growth stocks trading on the cheap, give these a closer look.

The article Three Stocks with Low P/E Ratios and High Growth Rates originally appeared on and is written by Robert Ciura.

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