10 Low-Priced Dividend Yielders Not for the Faint of Heart

These aren't your typical attractive dividend stocks; these stocks are top 10 dividend stocks that can be had for under $14 per share. The benefit of low priced stocks is the increased liquidity, as they give you much more flexibility in purchasing and selling the stock. Each of these stocks yield at least 5%, have a payout ratio of less than 50% and a P/E of less than 30%. Note that a stock with a P/E under 15 is considered a bargain. Here is our analysis of these dividend mini giants: Keyuan Petrochemicals (KEYP): Keyuan Petrochemicals is located in Ningbo, China and is a leading independent manufacturer and supplier of various petrochemical products. Trading at $4.88 at its last close (more about this in a second), and providing dividends of $.36 per year, they have a dividend yield of just under 7.4%. This is impressive, however KEYP is an interesting stock considering the oddity that the trading of any KEYP shares has been halted since April 1, 2011. In a statement from Keyuan Petrochemicals, the dilemma comes as a result of a tardy 10-k form. Meanwhile, the law firm of Robins Umeda LLP is currently investigating allegations that people within the company made false statements regarding the company's financials. Further detail on the issue is unavailable. I'm conflicted here… If this stock were currently selling, I would buy it based on the fact they have been growing consistently since they issued shares in May 2010 (aside from a dip in stock price in the first few months after issuance). Above all, they have a great dividend yield (which they did pay for the first quarter). I suggest jumping on this stock once they are back on the market, but it is unclear when that may be. Siliconware Precision Industries (SPIL): Selling at $6.06 and providing a dividend of .304, SPIL is yielding just a shade north of 5%. Luckily, SPIL is actually available on the market. The stock has lost ground over the past 12 months, but this is misleading because it has actually improved by 33% since a sharp decline last October. The P/E is currently 19.55. This is a speculative buy because of the recent volatility of the stock, but has been getting great reviews for months. SPIL provides semiconductor packaging and testing services worldwide, and has a market cap of $21.38 Billion. Buy cheap, and expect great dividends.... Read more