LONDON -- Tesco
After trading as high as 385 pence in May, shares in Tesco (LSE: TSCO) (NASDAQOTH: TSCDY) were today down at 328 pence. That's a 15% fall in just one month. However, Tesco's low price-to-earnings ratio and significant dividend yield will now be attracting value and income investors.

Tesco is forecast to pay a dividend of 15.2 pence for the full year. At today's price, that's a 4.6% yield. If the supermarket manages to hit expectations for the year of 32.9 pence, the forecast P/E is just 10. According to my statistics, only nine other shares in the FTSE 100 are cheaper on both metrics.

Tesco is not excruciatingly cheap. That said, it's more than three years since the shares spent any meaningful time under 300 pence.

Croda International
Croda International (LSE: CRDA) is one of the FTSE 100's great success stories. Five years ago, the company had just reported 33.5 pence of earnings per share and the shares traded hands for 631 pence. Fast-forward to today, and 137 pence of EPS is expected for the full year. The shares are now priced at 2,260 pence.

In those five years, earnings and dividends have increased every year at an average rate of more than 30%. Two years of more modest growth are now expected. EPS is forecast to grow 6% for 2013 and 9% for 2014. The dividend is forecast to grow 8% this year and 9% the next.

The shares are down 16% in the last three months. That puts them on a 2013 P/E of 17.3.

British Land
Just one month ago, shares in British Land (LSE: BLND) cost 658 pence each. Today they are going for 555 pence.

The company has recently been announcing tenants for its latest high-profile City project: "The Leadenhall Building," a.k.a. "The Cheese Grater." The setback in the company's share price suggests that investors believe that British Land will find itself significantly worse off should financial markets go into reverse.

The 2013 dividend of 26.4 pence equates to a yield of 4.6%. This is expected to increase again this year and next, hitting 4.9% for the 2015 year end.

If you want a diversified, high-yield portfolio, this looks a great opportunity to acquire a listed property company.

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David O'Hara owns no shares in any of the above companies. The Motley Fool owns shares in Tesco and recommends Croda International and Tesco. The Motley Fool owns shares of Tesco. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.