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.
By Stockerblog.com
3 comments:
Nifty Future today lead towards the higher level of 5400, as we already mentioned in our earlier reports that decisive closing above 5345 to 5350 may continue the upward trend for a while. Still Nifty Future did not break the 5400 level, but it is overall looking strong on charts. In the downside the short term floor for nifty future is seems to be around the levels of 5290 to 5300. Traders should focus on buy on dips in nifty future until it close below 5300.
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Nicely done
Thanks for the compliment. I am planning on doing an update.
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