Best Dividend Stocks Under $20 - For High Returns in 2024

If you're looking to invest in dividend-paying stocks without breaking the bank, this list of top dividend stocks under $20 per share is a great starting point. These stocks offer investors an affordable way to build a portfolio while still receiving a steady income stream. With options spanning various sectors, including energy, real estate, and financial services, this collection provides diverse opportunities for income-focused investors.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Ford Motor7.42%88.50%11.84%0.94%0.08%11.36%12.07%
VEON-%0.00%11.80%2.55%0.20%0.00%0.00%
Annaly Capital Management13.07%1249.68%88.35%0.82%0.01%16.72%5.65%
AGNC Investment14.77%101.04%6.83%0.82%0.13%-7.79%-9.13%
Energy Transfer6.62%110.76%12.99%1.87%0.14%0.24%-7.20%
MPLX7.14%80.24%11.48%3.63%0.32%4.98%11.89%
Petróleo Brasileiro - Petrobras9.98%105.50%5.75%1.32%0.22%85.45%0.00%
Southwestern Energy-%0.00%-2.84%2.08%-0.54%0.00%0.00%
Gerdau4.18%38.14%8.65%0.75%0.09%25.33%11.74%
Kinder Morgan4.12%100.24%24.28%2.03%0.08%9.19%-23.12%
Lumen Technologies-%-0.33%-3.24%20.24%-4.94%0.00%0.00%
Sirius XM1.31%-20.16%-5.94%0.83%-1.60%47.05%0.00%
Antero Midstream5.74%112.21%19.34%3.54%0.18%14.77%0.00%
Starwood Property Trust9.49%160.29%17.06%0.99%0.06%0.00%0.54%
Manulife Financial3.93%54.64%14.25%1.62%0.12%8.76%7.52%
SFL9.75%95.50%10.01%1.25%0.13%-7.08%-1.86%
Western Midstream Partners8.35%73.85%9.54%4.32%0.48%1.67%14.82%
Equitrans Midstream2.42%69.91%11.85%3.09%0.26%0.00%0.00%
Gladstone Investment13.82%182.05%12.81%1.07%0.08%21.51%14.50%
Oxford Lane Capital19.35%77.29%4.64%0.82%0.20%-10.51%-8.25%
Gladstone Capital7.27%45.55%6.27%1.24%0.21%3.19%1.58%
WhiteHorse Finance17.05%162.06%9.12%0.82%0.09%1.77%0.88%
Saratoga Investment16.74%124.16%15.57%0.89%0.06%6.48%0.62%
Ares Capital8.64%69.65%8.94%1.10%0.13%4.51%2.03%
Golub Capital BDC11.96%123.52%10.12%0.69%0.08%1.52%1.67%
PennantPark Investment12.97%148.00%10.59%0.92%0.09%2.26%-3.25%
Main Street Capital7.39%81.89%10.22%1.80%0.18%5.33%3.28%
FS KKR Capital13.18%199.05%11.67%0.92%0.08%28.26%0.00%
PennantPark Floating Rate Capital11.16%75.16%7.66%0.92%0.14%4.41%1.43%
SLR Investment9.86%92.46%9.38%0.91%0.10%0.01%-1.96%
Stellus Capital Investment11.57%93.20%7.49%0.99%0.14%3.30%1.63%
New Mountain Finance12.71%140.14%11.26%0.93%0.08%1.84%0.07%
OFS Capital16.75%-1595.62%-95.26%0.72%-0.01%-4.98%1.19%
Redwood Trust9.03%144.75%14.23%0.78%0.05%-9.66%-4.46%
Two Harbors Investment15.18%-54.81%-2.90%0.57%-0.19%2.24%6.02%
AG Mortgage Investment Trust9.85%42.06%2.74%0.37%0.13%-18.28%-12.70%
MFA Financial12.50%96.43%5.72%0.62%0.11%11.84%-1.57%
Cherry Hill Mortgage Investment22.39%-228.70%-6.77%0.34%-0.05%-19.35%4.81%
ARMOUR Residential REIT16.16%135.94%7.38%0.74%0.11%-2.98%9.24%
New York Mortgage Trust13.03%15264.20%674.97%0.39%0.00%8.45%1.06%