10 Shares Trading Near 52-Week Lows: GlaxoSmithKline plc (ADR) (GSK), Tesco Corporation (USA) (TESO)

Glaxo is expected to increase its dividend this year and next. That puts the shares on a prospective yield for 2014 of 5.7%. The 2013 P/E is 12.5, falling to 11.4 times the 2014 earnings forecast.

SSE
SSE (previously Scottish and Southern (LSE:SSE) Energy) epitomizes what investors expect from utility companies. In the last five years, its dividend has increased by an average of 7.8% per year. The company has been increasing its dividend to shareholders since its founding in 1998.

Shares in SSE fell recently on the announcement that CEO Ian Marchant will be stepping down in July after 10 years in the role. This coincided with the shares going ex-dividend. SSE has decided that when Marchant departs, his current deputy will step into the hot seat.

SSE shares are expected to yield 6% in 2013, rising to 6.2% in 2014. The recent share price decline in 2013 may be an opportunity to climb aboard.

The article 10 Shares Trading Near 52-Week Lows originally appeared on Fool.com and is written by David O’Hara.

David O’Hara does not own shares in any of the companies mentioned above. The Motley Fool owns shares in Tesco and recommends GlaxoSmithKline.

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