Kellogg Makes Morningstar List of Undervalued Dividend Stocks

Given the equity market’s volatility over the past year, you might want to consider dividend stocks.

Many of them offer a steady or growing dividend payment and the chance for a capital gain.

Morningstar put together a list of 10 dividend stocks that are far undervalued compared to its analysts’ fair-value estimates. The companies have moats–or durable competitive advantages.

Here’s the list, starting with the highest forward dividend, which is calculated by multiplying the latest…