Cheap Dividend Stocks Under $10 - For High Returns in 2024
Investing in cheap dividend stocks under $10 offers a unique opportunity for investors looking to build a portfolio with high income potential at a lower cost. These stocks provide a way to access consistent dividend payments without the high price tag of larger, more established companies. Often, stocks in this price range belong to smaller or emerging companies that offer room for growth while still rewarding shareholders with regular dividends. We’ll explore some of the top cheap dividend stocks under $10, ideal for investors seeking to maximize their returns on a budget while diversifying their portfolio with high-yield, low-cost options.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Lloyds Banking | 6.98% | 0.00% | 6.50% | 0.70% | 0.12% | -4.91% | 0.00% |
| Barclays | 3.92% | 0.00% | 36.21% | 2.55% | 0.08% | 9.63% | 0.13% |
| Vodafone | 7.34% | 310.07% | 239.93% | 3.92% | 0.02% | -11.34% | -5.14% |
| Hamilton Beach Brands | 2.29% | 23.78% | 10.33% | 1.81% | 0.18% | 5.05% | 0.00% |
| Colony Bankcorp | 2.52% | 35.65% | 14.23% | 1.14% | 0.08% | 17.08% | 0.00% |
| Riverview Bancorp | 2.89% | 419.96% | 115.86% | 0.73% | 0.01% | 13.05% | 0.00% |
| AudioCodes | 5.73% | 90.08% | 23.37% | 1.52% | 0.07% | 21.98% | 0.00% |
| Brookline Bancorp | 4.24% | 64.84% | 15.30% | 0.92% | 0.06% | 6.45% | 4.73% |
| VAALCO Energy | 4.78% | 28.92% | 5.97% | 1.08% | 0.19% | 0.00% | 0.00% |
| ACCO Brands | 5.03% | -15.75% | -3.15% | 0.93% | -0.26% | 4.56% | 0.00% |
| Telephone and Data Systems | 1.36% | -22.59% | -7.04% | 0.75% | -0.10% | 2.95% | 3.79% |
| Medical Properties Trust | 11.83% | -14.44% | -1.07% | 0.49% | -0.39% | -2.52% | 0.83% |
| Amcor | 4.79% | 94.93% | 19.61% | 3.85% | 0.20% | 2.25% | 0.00% |
| Sirius XM | 1.31% | -20.16% | -5.94% | 0.83% | -1.60% | 47.05% | 0.00% |
| Algonquin Power & Utilities | 6.88% | -94.44% | -54.14% | 3.66% | -0.07% | 0.00% | 0.00% |
| Barings BDC | 10.20% | 95.57% | 9.35% | 0.90% | 0.10% | -14.36% | -7.23% |
| Tricon Residential | 0.52% | 53.47% | 35.75% | 0.80% | 0.02% | 0.00% | 0.00% |
| PHX Minerals | 3.65% | 62.06% | 31.63% | 1.12% | 0.04% | -9.34% | -10.28% |
| Ares Commercial Real Estate | 14.81% | -100.27% | -6.23% | 0.70% | -0.11% | 3.23% | 3.12% |
| BrightSpire Capital | 12.04% | -81.10% | -6.26% | 0.74% | -0.11% | -12.89% | 0.00% |
| PennantPark Investment | 12.97% | 148.00% | 10.59% | 0.92% | 0.09% | 2.26% | -3.25% |
| Chimera Investment | 9.38% | 63.59% | 3.37% | 0.43% | 0.13% | -18.94% | 6.88% |
| Apollo Commercial Real Estate Finance | 14.07% | -187.72% | -11.23% | 0.68% | -0.06% | -5.32% | -1.33% |
| Piedmont Office Realty Trust | 5.30% | -80.37% | -15.18% | 0.72% | -0.05% | -4.42% | -1.76% |
| Prospect Capital | 14.97% | 2965.90% | 168.04% | 0.58% | 0.00% | 0.00% | 0.00% |
| Gladstone Capital | 7.27% | 45.55% | 6.27% | 1.24% | 0.21% | 3.19% | 1.58% |
| Global Medical REIT | 9.48% | 2059.14% | 196.50% | 1.07% | 0.01% | 0.98% | 0.00% |
| Kronos Worldwide | 5.31% | 75.88% | 14.27% | 1.59% | 0.12% | 2.25% | 2.39% |
| Macerich | 3.35% | 189.71% | 56.12% | 1.77% | 0.03% | -25.54% | -11.70% |
| Clipper Realty | 7.58% | -628.02% | -20.63% | -22.47% | 6.68% | 0.00% | 0.00% |
| Whitestone REIT | 3.30% | 114.97% | 35.14% | 1.77% | 0.05% | -15.89% | -7.48% |