3 Mediterranean stocks with up to 11.78 percent dividend yield and low P/E ratio

3 Mediterranean stocks with up to 11.78 percent dividend yield and low P/E ratio

According to a report by www.boerse-online.de, some stocks from Italy, Spain and Portugal offer high dividends and low P/E ratios. In particular, the shares of Stellantis, Intesa Sanpaolo and Repsol are characterized as promising.

Stellantis has a low P/E ratio of 3.5 for 2024 and a high dividend yield of 8.29 percent. According to expert analyses, the share is technically positive on the charts and is recommended to buy with a price target of 22 euros.

Intesa Sanpaolo shares even offer an impressive dividend yield of 11.78 percent for 2024 and a P/E ratio of 5.9. The chart analysis shows that the share is trading above important average lines and is recommended to buy with a price target of EUR 2.90.

The Repsol share, a Spanish gas and oil producer, also has attractive metrics, including a P/E ratio of 4.7 and a dividend yield of 5.77 percent for 2024. Chart analysis suggests a long-term upward trend and experts also recommend buying with a price target of 19.50 euros.

Based on this information, it can be concluded that Mediterranean stocks represent attractive investment opportunities. Investors could benefit from the high dividends and the promising technical chart signals. The valuations of these stocks are fundamentally sound and therefore they could prove profitable in the long term.