5 “Economy Lot” Dividend Stocks: $9 or Less Yielding Up to 11.8%

Our Archive

Search completed

Cheap stocks are fun. We can buy a lot of shares without shelling out too much dough.

Generally speaking, most single-digit stocks are “cheap for a reason”—they are losers. But we contrarians leave no discarded stone unturned. Especially in our search for dividends that we can retire on.

There are a few inexpensive stocks that actually pay. And a select set of them that are even worth buying for their dividends.

In a minute we’ll discuss five “economy lot” yield plays that pay from 6.3% to 11.8%. These are all single-digit share prices that sell for $9 or less today.… Read more

Read More

One of the best characteristics about dividends is they usually offer a consistent, preferably growing stream of income. However, investors can easily fall into the trap of becoming complacent that future payments will continue to flow in, even when the business isn’t generating enough cash to fund the dividend.

The higher the yield being offered generally means the riskier the dividend is and sometimes losses can outweigh the expected income. For example, Dynagas LNG Partners (DLNG) cut its 16% yield back in April and shares are down 24% since.

With government bonds paying around 2% to 3%, dividends above 10% need to be scrutinized closely and I’ve identified two that are in danger of disappearing.… Read more

Read More

Categories