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When investors buy penny stocks, earning dividend income is probably the last thing on their minds. Yet there are a few cheap dividend names trading under $5 that you could add to your portfolio.
The stock has a solid “buy” rating and a price target of $5.08, which represents about 36% upside, according to MarketBeat. 7. Tetra Technologies (NYSE: TTI) : $3.75 Per Share
Stock price as of Nov. 8: $5.10. Dividend yield: 5.69%. Global Self Storage is a real estate investment trust that owns and/or manages 13 self-storage facilities, most of which are located in the ...
That makes Chevron a compelling dividend stock to own for the long term, and with its shares losing momentum in recent weeks and trading close to their 52-week low, the time is ripe to buy.
The stocks are ranked according to their share prices as of December 5. Monthly Dividend Stocks Under $10 12. U.S. Global Investors, Inc. (NASDAQ:GROW) Share Price as of December 5: $2.91.
For perspective, every $100 invested into Kraft Heinz stock would produce about $5.20 of dividend income each year compared to about $1.20 for a similar investment in an S&P 500 index fund.
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