Dividends4Life: 7 Cheap Dividend Stocks Trading for Less Than $10

“Price is what you pay. Value is what you get” — Warren Buffett “Price” and “value” are often two very different things. Though a single share cost more than $200,000, Buffett’s Berkshire Hathaway (BRK.A) is considered a value stock by many. Yet Twitter (TWTR), which trades hands for just $35 per share, is often called a bubble stock. Yet cheap stocks are a hunting ground for some very smart, very successful investors. Joel Tillinghast, manager of the Fidelity Low-Priced Stock Fund (FLPSX), is one of the most successful fund managers of his generation, and he invests almost exclusively in stocks trading for less than $35 per share.

The key is finding these gems before the big boys do. Today, we’re going to take a look at seven cheap dividend stocks trading for under $10. All have a few bumps and bruises on them; you simply don’t get this kind of pricing otherwise. But all are also solid dividend payers worth a good, hard look: Banco Santander (SAN), Prospect Capital (PSEC), Lexington Realty Trust (LXP), Fortress Investment Group (FIG), TransAlta Corp (TAC), Braskem SA (BAK), and American Realty Capital Properties (ARCP).

Source: InvestorPlace

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