Dividends4Life: Top 3 Dividend Stocks Under $10

Top 3 Dividend Stocks Under $10

Posted by D4L | Tuesday, July 03, 2018 | | 0 comments »

Individual investors tend to gravitate toward stocks trading under $10 for multiple reasons. For one, it can psychologically feel more powerful to buy 100 shares of a company trading for $7 than just seven shares of a $100 name. While both investments are just as likely to generate attractive returns over time, low-dollar stocks have historically proven to be more volatile. In other words, they can offer active traders more bang for their buck in the short term. Here are the Top Dividend Stocks Under $10...

Independence Realty Trust Inc (NYSE:IRT) is an apartment real estate investment trust (REIT) that focuses on secondary Midwest and Southern U.S. markets, such as Austin, Indianapolis, Lexington, Oklahoma City and Raleigh/Durham. Investors Real Estate Trust (NYSE:IRET) also operates apartment buildings, having divested of its healthcare portfolio in recent quarters. PennantPark Investment Corp. (NASDAQ:PNNT) is a business development corporation (BDC) that hasn’t always been on Santa’s “nice” list. In fact, Brett Owens flagged the company back in 2016, just a few months ahead of a dividend cut. However, this is 2018, management is turning the business around and Pennant appears to have performed its penance for prior mistakes.

Source: InvestorPlace

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