Two Dividend Stocks Under $5 a Share

Low priced stocks that pay dividends have a few advantages. The lower share price allows for greater diversification. The dividends provide the investor with quicker return or capital and can reduce volatility. You may not be aware of them, but there are actually more than half a dozen stocks, including closed end funds, that sell for less than $5 a share and pay a dividend with yields greater than 6%. WallStreetNewsNetwork.com just updated its list of high yield stocks selling for $5 or less, with yields ranging from 0.4% to 16.5%. Just remember that the yields are based on historical payments, and the dividends can be adjusted, reduced, or terminated at any time. I also believe that extremely high yields may not be sustainable.... Read more