I like low priced stocks, you like low priced stocks, everyone likes low priced stocks. And if you get a dividend in addition, it makes the stock even better. WallStreetNewsNetwork.com just came out with its list of top yielding stocks under $10 a share. Many of the companies listed are closed end funds. However, there are several regular companies.
An example is Alaska Communications (ALSK) which sells for less than $9 per share, has a PE of 11.6, and pays a yield of 9.6%.
Another example is Hercules Technology (HTGC) which sell for less than 9.50 per share, has a fairly high PE ratio of 23.2, but a forward PE of 7.4, and pays a yield of 8.5%.
Provident Energy (PVX) sells for less than 7 per share and yields 9.6%.
For a list of stocks that pay a yield and sell for less than $10 per share, go to wsnn.com. Just remember, very high yields may not be sustainable.
Author does not own any of the above.