Here is a list of 15 large cap stocks I ran a screen on this morning. All have double digit returns on equity (REO), free cash flow, a current P/E under 15, and a dividend yield above 3%.

*The definition of a large cap can vary, but generally it is a company with a market capitalization above 5 billion.

Author suggests further research before investing.

Full Disclosure: Author  has position in UTX at time of writing.

Three companies declaring dividends today…

Devon Energy Announces Cash Dividend for Common Stockholders

Burger King Holdings Declares Quarterly Dividend

Posted in line numbers last month, trading at .87 X sales with a 22% return on equity(REO) and management has a 12% stake.

Valley Commerce Bancorp Announces 5% Stock Dividend

Valley trades at a discount to its book value which is $12.30 a share and has almost $6 a share in cash. However, keep in mind this is a stock with a very small market cap and trades very thin volume.