7 Best Dividend Stocks to Buy Under $10 Jeff Reeves 6/13/2019. It provides security software solutions to companies across various sectors, including automotive, medical, and industrial automation. At the end of the first quarter, the company’s cash, cash equivalents, and investments stood at US$955 million. In 2020 we have seen some of the most classically defensive sectors take a comprehensive hiding. Currently, the company trades 23% lower for this year due to the disruption caused by the pandemic in its end markets, primarily the automotive sector. In Canada, there are a large number of publicly traded companies with a track record of sharing profits with investors year after year, in the form of regular dividend payments. So, these operational shifts have increased the demand for data safety and privacy solutions, thus benefiting BlackBerry. The Motley Fool owns shares of and recommends Zoom Video Communications. So, the company is well positioned to ride out this crisis. Also, an increased number of employees are working from their homes. EMAIL. Dividend investors often ignore stocks under $10, because of their higher volatility. Buying a brand and charging franchisees to use it is a capital-efficient way to create a recurring source of long-term income. Not to alarm you, but you’re about to miss an important event. This New CRA Adjustment Means Lower Taxes in 2021, 3 Pot Stocks to Avoid Like the Plague in 2021, 2021 TFSA Contribution Room: 2 Dividend Stocks I’d Buy With $6,000, HEXO stock could double over the next three years. Here are seven cheap dividend stocks to consider. HEXO’s management is hopeful of reporting positive EBITDA by the first half of fiscal 2021. But with so many options to choose from, it can get overwhelming to even start thinking about a stock to invest in.. This is certainly food for thought, especially for investors looking for names that could rally on a recovery. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Amid such a bullish backdrop, let’s focus on stocks that are trading under $10 a share. Because Motley Fool Canada is offering a full 65% off the list price of their top stock-picking service, plus a complete membership fee back guarantee on what you pay for the service. You might find marijuana stocks, dividend-paying stocks, large-cap stocks, growth stocks, small-cap stocks, and even some bitcoin stocks in this list. Some investors think that it's too challenging to find safe and affordable securities that … Renowned Canadian investor Iain Butler just named 10 stocks for Canadians to buy TODAY. Use this page to find the top and bottom performing stocks under $10, updating throughout the trading day. So we took a look at the top-recommended stocks by Canadian investors and compiled a list of the top 10 right here.. So, given the healthy sales outlook and improving margins, I believe HEXO stock could double over the next three years. 15 Cheap Dividend Stocks Under $15 If you're looking for cheap dividend stocks and frustrated by the lack of options, check out the following list of 15 picks under $15. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. And just look at that momentum: this stock has the ability to rally hard. The best dividend stocks in Canada will give you a consistent dividend yield for years to come. In a world of ratcheting upside in an unsustainable market catering to a logically finite pandemic, quality is king. However, the company is working on reducing its expenditures and improving its operational efficiency to move toward profitability. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. I understand I can unsubscribe from these updates at any time. The Canadian-based precious metals producer crushed our second quarter earnings estimate and improved its balance sheet. This is your chance to get in early on what could prove to be very special investment advice. The royalty business is fascinating. Despite the strong recovery, few stocks are still trading at a fair valuation and provide excellent buying opportunities. Although HEXO’s adjusted EBITDA showed an improvement in its recently reported quarter, it was still in the negative territory. Diversified Royalty Corp.(TSX:DIV)is an industry leader with some easily-recognizable brands in its portfolio. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. So, many businesses impacted by the outbreak could vacate their rental space by moving their items to storage to cut down on their rental expenses. No industry has been immune, with everything from REITs to insurance, banks to utilities taking a hit. With a dividend that yields a little over 8%, Extendicare (TSX:EXE) is an unloved stock that should have been tailor-made during a health crisis. Stocks priced under $10 can represent an affordable asset to add to your portfolio. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Benjamin Rains Zacks Published. Investors should therefore consider sidestepping currently overvalued pandemic-centric stocks. The Canadian stock market has recovered strongly from its March lows. The threat of the pandemic still looms large. “A stock like Zoom is focused on momentum specific to the pandemic,” I wrote. Victoria ... join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. 7 Best Dividend Stocks to Buy Under $10. Returns since inception, October 2013. The Motley Fool recommends BlackBerry, BlackBerry, HEXO., and HEXO. In their place, names with comeback charisma should form a “relief rally” segment in a stock portfolio. Fifth on this list on stocks to buy under $10 is Canadian cannabis producer Aphria (NYSE: APHA). Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. The Canadian stock market has recovered strongly from ... we will be focusing on three companies that are trading under $10 … But nothing lasts forever, and even the pandemic will eventually fade into memory. Despite the impact of the pandemic, the company’s revenue grew over 3% in its recently announced second quarter. Oil stocks not safe enough for you? Today we have discovered four Canadian dividend stocks with yields of at … Extendicare’s share price is an appealing $5.77 at the time of writing, which means that investors can snap up a whole basketful of shares for very little outlay. Fool contributor Nelson Smith owns shares of TRANSALTA CORPORATION. Plus, investors buying shares now can lock in that juicy yield. SHARE. April 9, 2020, 12:05 PM. Jan 13, 2020 5:59PM EST. Click here to view your 2021 Kick-Off offer. Vermilion Energy (TSX:VET)(NYSE:VET) shares sell for a tempting $4.79 at the moment, down from a 52-week high of $24.47. My third pick is StorageVault Canada (TSXV:SVI), which owns, operates, and leases over eight million square feet of storage spaces. Meanwhile, the top 10 Canadian companies own less than 15% of these stores, indicating the sector is highly fragmented and provides an opportunity for inorganic growth. In this article, let’s take a look at the top 150+ Canadian dividend stocks in … While the long-term outlook for fossil fuels is weakening, a post-pandemic rally could see fuel demand rocketing. Please read the Privacy Statement and Terms of Service for more information. Thus, both the near-term and long-term growth potential of the company looks strong. This stock is well diversified, spanning the safe haven of gold, the tech-and-renewables play of copper, and the versatility of zinc all in one stock. Meanwhile, in July, the company expanded the availability of its vape product lines in both medical and recreational segments across Canada. Earlier, it had received the approval to expand its cannabis manufacturing and processing facility in Belleville to include the beverage production facility. Canadian stocks are performing well. MarketBeat has identified the twenty best stocks trading under $20.00 that you should consider for your portfolio. List of Monthly Dividend Stocks Under $10 Stocks Under $10 Moving on, let’s briefly discuss the next class of cheap stocks. Also, the company recently launched its medical cannabis products in Israel. So let’s look at three areas that in times past would be considered safe – and likely will be again. I understand I can unsubscribe from these updates at any time. Cheap Dividend Stocks Under $10. Are Cannabis Stock Investors Too Harsh on Organigram? However, in its recently reported third-quarter earnings, the company outperformed analysts’ sales expectations. If you’re looking for cheap dividend stocks, one thing is important to remember above all else: Many stocks have a low price for a reason. Revealed: 5 Incredibly Cheap Stocks Trading Under $10. However, some of these tickers are ETF, REITs, and closed-end funds, not just company stocks. It has reduced its workforce, sold excess assets, and has automated the packaging activities. 2021 Kick-Off Flash Sale Ends at Midnight , 2 Top TSX Stocks Young Investors Should Buy and Hold Forever, Hooray! High dividend yields can be a good indicator that companies are growing their free cash flow and are more likely to have better returns than their peers with lower yields. Jeff Reeves. When looking for cheap stocks that pay a dividend, it’s important to be selective. For investors seeking out some thoroughly chewed over names in the hydrocarbon fuel space, Vermilion is a strong buy. We plan to continue adding shares of these stocks as … Explore these dividend stocks under $10. Dividend Stocks. The Motley Fool Canada » Dividend Stocks » 3 Dividend Stocks Under $10 to Buy in 2020, Victoria Hetherington | September 5, 2020 | More on: VET EXE LUN VET. Canada’s Best Dividend Stocks 2020 By Mark Brown on December 16, 2019 We’ve graded the largest, most liquid Canadian dividend stocks based on Yield, Stability and Value. At the same time, interest rates are near all-time lows (and probably dipping even lower). Further, management expects to generate positive free cash flow in this fiscal. Tom Gardner owns shares of Zoom Video Communications. So if you’re tired of reading about other people getting rich in the stock market, this might be a good day for you. Read full article. Its adjusted funds from operations were 14.8% higher compared to its previous year’s quarter. Here’s a More Accurate View on Canada’s Housing Market Crash, 3 Pot Stocks to Avoid Like the Plague in 2021. However, some investors are reluctant to buy a stock like Amazon.com (ticker: AMZN) that costs more than $3,000 for a single share. 3 Cheap, Dividend-Paying Stocks Under $10 to Buy on Market Pullback . Don’t Wait for a Stock Market Crash: Here Are 2 Top TSX Stocks to Buy in January, The 3 Best Monthly-Paying Dividend Stocks I’d Buy With $50 for 2021. Don't miss out! Current as of January 15, 2021. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Some of Canada's best stocks like Rogers Sugar Inc. (TSX:RSI), Extendicare Inc. (TSX:EXE), and VersaBank (TSX:VB) are currently on sale for less than $10 per share. Simply click here to discover how you can take advantage of this. But looking toward the longer term, Extendicare should have the qualities needed to outrun the coronavirus. 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