Contrary to popular belief, not all dividend stocks are priced at double- and triple-digit levels. Some of them are downright cheap stocks, with prices below $10 per share, allowing income-seeking investors to own a round lot of them for not a lot of money. Better still, while theoretically it shouldn’t matter, in reality, cheap stocks don’t face the eventual psychological hurdle of being valued at eye-popping prices that even cause veteran investors to balk. Share splits do happen for a reason, after all.
With that in mind, here’s a closer look at nine attractive but cheap dividend stocks — each priced at less than $10 per share — that also offer nice to downright outstanding yields: Monmouth Real Estate Investment (MNR), Frontier Communications (FTR), Just Energy Group (JE), Mobile TeleSystems (MBT), Prospect Capital Corporation (PSEC), Navios Maritime Partners L.P. (NMM), Harte Hanks (HHS), Windstream Holdings (WIN) and BGC Partners (BGCP).
Source: InvestorPlace
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