Stocks trading for under $20 tend to be more established than their penny stock counterparts which trade for under $5. Yet, they also offer growth potential along with that increased stability. While not as dependable as the revered dividend aristocrats, all three of these 5% dividend stocks will generate passive income for your portfolio. They offer a compelling mix of growth potential and income through those dividends that can combine to create impressive returns overall. Let’s take a look at those three 5% dividend stocks.
These 5% dividend stocks offer strong income and are more established than penny stock alternatives. AT&T (T): AT&T is showing certain signs of strength, it’s massive dividend being one of those factors. Ambev (ABEV): Multiple metrics point to the notion that Ambev is a strong investment. Kinder Morgan (KMI): Kinder Morgan is a strong bet on midstream American energy production.
Source: InvestorPlace
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3 Stocks With 5% Dividend Yields for $20 (or Less)
Posted by D4L | Wednesday, March 13, 2024 | ArticleLinks | 0 comments »________________________________________________________________
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