7 More Big-Yield Dividend Stocks to Buy for Under $10 a Share

Again, they come with risks, but the yields are sensational

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7 More Big-Yield Dividend Stocks to Buy for Under $10 a Share

BGC Partners

BGCPartners185 7 More Big Yield Dividend Stocks to Buy for Under $10 a Share5/7 Close: $6.72
Market Cap:
$930 million
Yield:
10.1%

BGC Partners (NASDAQ:BGCP) is a “global financial intermediary,” or a broker of securities. These can include equities and commodities, as well as some of those kinky derivatives that you heard so much about during the financial crisis.

So why is BGC a buy? Well, because at around $7 a share, its 17-cent quarterly dividend gives you a yield of 10.1% While it has posted a few quarterly losses recently, revenue is strongly on the rise with nine straight quarters of year-over-year increases. And looking forward, the broader makeup of the capital markets seems to be mending. While there are fears of sovereign debt troubles in Europe and slower growth in many corners of the globe, it appears investors have been decidedly optimistic to start 2012. If that keeps up, business will get very brisk for BGC. Its dividend was bumped from 14 cents to 17 cents in mid-2011, so there could be another increase in the works if all goes well in the next several months. And if you want to buy in, hurry — BGCP goes ex-dividend on May 15.


Article printed from InvestorPlace Media, http://investorplace.com/2012/05/7-more-big-yield-dividend-stocks-to-buy-for-under-10-a-share/.

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