Dividend Stocks Under $10 For 2020Find cheap dividend stocks under $10 using our stock scanner below. Screen is updated daily.
Cheap Dividend Stocks Under $10
Dividend investors often ignore stocks under $10, because of their higher volatility. But in some cases, these stocks can generate strong returns for income investors.
When looking for cheap stocks that pay a dividend, it’s important to be selective.
Some companies with decreasing cash flows may use dividends as a way to attract investors. But unfortunately those dividends won’t continue.
By analyzing a company’s fundamentals prior to investing, you can avoid stumbling into a dividend trap.
The key ratios to analyze when evaluating a dividend stock are liquidity ratios, payout ratios, and growth ratios. To help you identify awesome companies that are paying dividends, we scan the market daily to find cheap, high yield stocks with stable operating results.
These stocks all have strong financial ratios, indicators of being undervalued by the market, and are well positioned for long-term growth. The criteria used in our scan is:
- Currently paying a dividend,
- Dividend payout ratio less than 100%,
- Year over year EBITDA growth above 5%,
- Total debt less than book value, and
- Stock price less than $10.
You can use our Dividend Stock Screener to change or update any of the metrics in our scan. The list is sorted by dividend yield from low to high.
We update this list daily. Last updated: April 2nd, 2020