SLIDESHOW: Top 5 Cheap Dividend Stocks Below $5

UWM Holdings is a shell company. More details about UWM Holdings at: http://www.uwm.com. View UWMC's Dividend History » ETFs holding UWMC »

Should UWM Holdings shares be counted among the Top 5 Cheap Dividend Stocks Below $5 label? To start, we see that the recent trading price for UWMC stock is $4.06 and the dividend yield is 9.85% (as of 8/12/2022). The most recent quarter's (MRQ) earnings result, annualized, was $0.4/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, UWM Holdings produced $0.59/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $0.56/share. Comparing the current indicated annual dividend rate of $0.40 against that median result, we calculate a dividend payout ratio of 71.4%. Comparing the company's various earnings metrics against the stock price, we end up with a PE ratio of 7.2 for the TTM Median method, 10.1 for price to earnings using MRQ annualized, and 6.9 for current price/TTM earnings. Based on UWMC's history, that recent TTM PE is elevated relative to the historical average, with the recent PE 4.5% higher than the average (TTM method) of 6.6.