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The idea behind value investing is to buy assets for less than they are worth. The larger the discrepancy between price and value, the bigger the margin of safety.

Value investing is simple to understand, but not easy to practice. Stocks trading at a discount to their assets usually do so for a reason. They tend to be out of favor and surrounded by negative sentiment.

The combination of low valuations and high (and growing) yields could produce strong returns. The following 3 value stocks have attractive yields and the potential for high total returns in the years ahead.

Sonoco Products (SON)

Sonoco Products provides packaging, industrial products and supply chain services to its customers. The markets that use the company’s products include those in the appliances, electronics, beverage, construction and food industries.

The company generates over $5 billion in annual sales. Sonoco Products is now composed of 2 major segments, Consumer Packaging, and Industrial Packaging, with all other businesses listed as “All Other”.

On April 16th, 2025, Sonoco Products raised its quarterly dividend 1.9% to $0.53, extending the company’s dividend growth streak to 49 consecutive years.

On July 23rd, 2025, Sonoco Products announced second quarter results for the period ending June 29th, 2025. For the quarter, revenue grew 17.9% to $1.91 billion, which was in-line with estimates. Adjusted earnings-per-share of $1.37 compared to $1.28 in the prior year, but was $0.08 less than expected.

Revenues and earnings benefited from the addition of Eviosys. For the quarter, Consumer Packaging revenues surged 110% to $1.23 billion, mostly due to contributions from Eviosys.

Volume growth was strong and favorable currency exchange rates also aided results. Industrial Paper Packing sales fell 2% to $588 million due to the impact of foreign currency exchange rates and lower volume following two plant divestitures in China last year.

SON has increased its dividend for 49 consecutive years and currently yields 4.5%.

Perrigo Company plc (PRGO)

Perrigo operates in the healthcare sector as a manufacturer of over-the-counter consumer products. Its Consumer Self-Care Americas segment is comprised of the U.S., Mexico and Canada consumer healthcare businesses. The Consumer Self-Care International segment includes branded consumer healthcare business primarily in Europe, but also Australia and Israel. The company generates ~$4.4 billion in annual revenue.

On August 6th, 2025, Perrigo announced second quarter results. For the quarter, revenue fell 0.9% to $1.06 billion, which was $20 million less than expected. Adjusted earnings-per-share of $0.57 compared favorably to $0.53 in the prior year, but was $0.02 below estimates.

Much of the decline in revenue was related to divested business and exited product lines, offset by a 1.7% benefit from favorable currency translation. Organic revenue decreased 0.1% for the quarter.

Consumer Self-Care Americas’ revenue was down 1.9% as growth in Nutrition, Healthy Lifestyle, and Upper Respiratory were more than offset by decreases in Digestive Health and Oral Care.

Consumer Self-Care International’s organic sales improved 2.7%, mostly due to gains in the Pain & Sleep-Aids and Upper Respiratory, offset by weakness in Skin Care and Vitamins, Minerals, and Supplements.

Perrigo reaffirmed much of its prior outlook for 2025 as well. The company now expects organic revenue growth to be closer to the lower end of its prior range of 1.5% to 4.5%. Adjusted earnings-per-share is still projected to be in a range of $2.90 to $3.10 per share for the year.

PRGO has increased its dividend for 23 consecutive years and shares are currently yielding 5.4%.

AES Corp. (AES)

The AES (Applied Energy Services) Corporation has businesses in 14 countries and a portfolio of approximately 160 generation facilities. AES produces power through various fuel types, such as gas, renewables, coal, and oil/diesel. The company has more than 36,000 Gross MW in operation. In 2024, AES produced $12.3 billion in revenues.

AES Corporation reported second quarter results on July 31st, 2025, for the period ending June 30, 2025. Adjusted EPS increased 34% to $0.51 for Q2 2025, which beat analyst estimates by $0.11.

The company completed construction of 1.2 GW of energy storage and solar in the quarter, and signed or awarded new long-term PPAs for 1.6 GW of solar and wind with data center companies.

The company constructed and acquired 3 GW of renewable energy in 2024, as well as constructed a 670 MW combined cycle gas plant in Panama. In 2025, it expects to add 3.2 GW of new projects in operation. Leadership maintained its 2025 guidance, expecting adjusted EPS of $2.10 to $2.26 for the full fiscal year.

Additionally, the company reaffirms its expectation it can grow EPS on average 7% to 9% through 2025 from a base year of 2020. It also expects annual EPS growth of 7% to 9% from 2023 through 2027.

AES has increased its dividend for 11 consecutive years and currently yields 5.5%.

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