Though the stock market strung together a few good days at the start of April, the bottom line is that the S&P 500 index remains down sharply from where it started the year. And as a result, many picks remain trading at significantly lower prices. That can sometimes be a good thing, however, for investors who stake out a position in income investments that offer nice yields but bargain prices. Nobody knows what's next for the market, of course, and all stocks remain very volatile. However, these seven income investments under $10 are worth a look.
Alabama-based Adtran (ADTN) is an example of a cheap stock that pays dividends. Current yield: 4.1%; Camtek (CAMT) provides inspection and measuring solutions for the semiconductor industry. Current yield: 7.5%; If you can get past the hokey caps name, DRDGold (DRD) is a pretty straightforward business worth your attention right now. Current yield: 4.1%; Broadband communications provider Gilat Satellite Networks (GILT) offers services in Israel, Latin America, Asia, Africa and parts of Europe. Current yield: 5.8%; Israel-based Magic Software Enterprises (MGIC) provides application development, business integration and IT outsourcing services around the world. Current yield: 3.9%; Finland-based Nokia Corp. (NOK) was once a powerhouse of mobile communications but now is a much smaller version of itself in the age of high-tech competition. Current yield: 7.1%; Smaller semiconductor company United Microelectronics Corp. (UMC) has long been a cheaply priced income stock that investors have watched. Current yield: 4.4%;
Source: Yahoo Finance
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7 Best Dividend Stocks to Buy Under $10
Posted by D4L | Friday, April 24, 2020 | ArticleLinks | 0 comments »________________________________________________________________
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