7 Low Priced Dividend Paying Stocks
Mueller Water Products (MWA)
Stock price: $4.06
Dividend: 2.90%
Mueller Water provides water infrastructure and flow control services. The popular water investment is owned by Glenview Capital Management whose recent shareholder letter contained bullish opinions about Tyco International (TYC) and Expedia Inc (EXPE) which subsequently made positive headlines in the ensuing weeks. Mueller could have secular tailwinds at its back, but in the last two three years, both revenues and operating cash flows have declined. In addition, Mueller has nearly $692 million of debt on the balance sheet.Nokia Corporation (NOK)
Stock price: $8.74
Dividend: 4.70%
The world's largest cell phone manufacturer has struggled against competition from Samsung (SSNLF.PK), Apple (AAPL) and Android-based (GOOG) phones. The company recently agreed to a potentially game changing venture with Microsoft (MSFT) where Nokia will manufacture Windows 7 based phones and Microsoft will subsidize upfront research and development costs. In the meantime, Nokia will... Read more