Sometimes investors feel like they have to choose between low-priced stocks and high dividend payers that can often be costly on a per-share basis. Sure, Coca-Cola (NYSE:KO) announced a 2-for-1 split to bring its share price down from almost $80 to under $40 — but not all dividend payers are willing to execute a similar move. And to many investors who have small portfolios and don’t like to buy a handful of shares, even $40 might be a bit pricey.
Thankfully, there are a handful of big dividend payers under $10 a share — if you know where to look for them. These companies are all small-cap investments, so they have more risk than blue chips like Coca-Cola. These risks include smaller operations that are not as reliable, thus affecting the safety of the dividend payout. A few of these picks also have very low trading volume — so always use a limit order when buying shares to protect yourself.
But if you’re looking for cheap stocks with big dividends, this list is a great place to start. You always should do your own research, but here are seven dividend stocks under $10 that I have identified as decent potential investments:
Comments are currently unavailable. Please check back soon.