Investing

5 Value Stocks With Big Dividends That Help Protect Against Inflation

PPL

This top utility delivers big dividends. PPL Corp. (NYSE: PPL) serves approximately 425,000 electric and 332,000 natural gas customers in Louisville and adjacent areas in Kentucky; 536,000 electric customers in central, southeastern and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia.

The company also provides electric delivery services to approximately 1.4 million customers in Pennsylvania, and it operates an electricity distribution network for the Midlands, South West and Wales in the United Kingdom.

PPL also offers a range of customer-care and back-office services to competitive retail energy suppliers, including customer enrollments; contract management; electronic data exchange; simple and complex billing; and call center operations comprising telemarketing, payment processing and collections of overdue accounts.

PPL  stock investors receive a 5.49% yield. Royal Bank of Canada has a $48 price target to go with its Outperform rating and a big. The $31.14 consensus price target is closer to the share price of $30.25 on Friday’s close.

Rio Tinto

Shares of this mining company could explode higher if the world economy rebounds strongly in 2022. Rio Tinto PLC (NYSE: RIO) is the world’s second-largest mining company and has operations in Australia, Africa, the Americas, Europe and Asia. It is the world’s largest producer of aluminum, the second-largest producer of iron ore and a top-five producer of alumina, uranium, mined copper, export thermal and coking coal, and diamonds.

In addition, Rio Tinto is also involved in alumina production; primary aluminum smelting; bauxite mining; alumina refining; and ilmenite, rutil, and zircon mining; as well as provision of gypsum.

The company pays dividends semi-annually instead of quarterly, and the current distribution is a massive 9.48%. This mining powerhouse is a solid stock to own and trades at an incredible 6.27 times earnings. It also is way off the 52[week high, which really makes for a good value idea now.

The BofA Securities price objective is $75 and the rating is Buy. The shares closed most recently at $72.24, above the consensus target price of $71.19.


These five top stocks are trading at very reasonable levels, come with solid dividends and, most of all, are solid value plays in a market that looks poised to take a big hit, if not now, then certainly in the near future.

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