Greek global shipping company Star Bulk Carriers Corp. Among dividend-paying equities under $25, (SBLK) leads for February 2024 with the highest forward dividend yield and positive total returns over the previous year. The companys shares returned 0. 7%, while it enjoys a forward dividend yield of 33. 8%.
During volatile markets or in a bear market, dividend stocks are a popular choice among investors looking for a somewhat stable passive income source. The top four dividend stocks under $25 for February 2024 are examined below based on forward dividend yield. Companies listed on the New York Stock Exchange (NYSE) or the Nasdaq with positive 1-year total returns are included in our screening process; however, companies with payout ratios that are either negative or over 20100% are not included. All data are as of Feb. 9, 2024.
Greek shipping company Star Bulk transports steel, grain, fertilizer, and minerals. The business declared in December that it would merge with Eagle Bulk Shipping Inc. in an all-stock merger anticipated to conclude in 2024’s first half.
Trinity Capital is an in-house business development organization that offers institutional equity investors in growth-stage companies loans and other financial products and services. In 2023, Trinity made approximately $831 million in new commitments, which consisted of a mix of equity investments, equipment financings, and secured loans. The companys most recent quarterly dividend of $0. 50 per share was paid on Jan. 12. Trinity seeks to allocate 90% to 10% of taxable quarterly income or potential annual income over the course of four quarterly dividend payments each year.
Natural Health Trends is an e-commerce and direct-selling company that operates in Europe, Asia, and North and South America. It sells personal care products under the NHT Global brand.
During the fourth quarter of 2020–2023, Natural Health Trends reported decreasing operating losses year over year and a decline in revenues for the same period in 2013. Nevertheless, the business reported a rise in orders consecutively and announced a $0 dividend. 20 to be paid on March 4.
A real estate investment trust (REIT) called Seven Hills Realty Trust originates and invests in mortgage loans backed by middle-class and commercial real estate. The company declared a dividend of $0. 35 per share on Jan. 11, with an expected distribution date of Feb. 15.
Finding the cheapest stock with the highest dividend requires considering several factors, including current share price, forward dividend yield, and the company’s financial health. Here’s a breakdown of the information you provided to identify potential candidates:
From “10 Cheap Dividend-Growth Stocks to Buy”:
This article highlights ten stocks with a history of increasing dividends and potential for future growth. While not explicitly stating which is the cheapest with the highest dividend, it provides valuable information for further analysis.
From “4 Cheap Dividend Stocks With High Yields for January 2024”:
This article focuses on four specific stocks with high dividend yields and positive total returns in the past year. It provides details on each company’s sector, price market cap, and forward dividend yield.
Analysis:
To identify the cheapest stock with the highest dividend, we need to compare the forward dividend yield to the current share price. Here’s a table summarizing the relevant information from both articles:
| Stock | Sector | Price | Forward Dividend Yield |
|---|---|---|---|
| Petróleo Brasileiro S.A. (PBR) | Energy/oil | $16.25 | 17.6% |
| FS KKR Capital Corp. (FSK) | Finance | $20.51 | 13.6% |
| Trinity Capital Inc. (TRIN) | Finance | $14.63 | 13.3% |
| Frontline PLC (FRO) | Transportation/marine shipping | $21.41 | 13.2% |
| Albemarle (ALB) | Specialty Chemicals | $282.44 | 1.12% |
| FMC Corp (FMC) | Agricultural Inputs | $104.27 | 4.05% |
| Sirius XM Holdings (SIRI) | Entertainment | $6.83 | 2.49% |
| Lithia Motors (LAD) | Auto and Truck Dealerships | $380.05 | 0.67% |
| Baxter International (BAX) | Medical Instruments and Supplies | $57.45 | 2.83% |
| Polaris (PII) | Recreational Vehicles | $132.42 | 2.82% |
| ResMed (RMD) | Medical Instruments & Supplies | $235.03 | 1.10% |
| Comerica (CMA) | Banks—Regional | $70.34 | 5.73% |
| Eastman Chemical (EMN) | Specialty Chemicals | $114.45 | 3.72% |
| Humana (HUM) | Healthcare Plan | $454.03 | 1.01% |
Based on this data, Petróleo Brasileiro S.A. (PBR) appears to be the cheapest stock with the highest dividend yield. However, it’s important to note that a high dividend yield doesn’t guarantee a good investment. Other factors, such as the company’s financial health and future growth prospects, should also be considered.
Here are some additional points to consider:
- Dividend sustainability: A high dividend yield can be attractive, but it’s important to ensure the company can sustain its dividend payments. Look for companies with a strong financial track record and a history of increasing dividends.
- Company fundamentals: Analyze the company’s financial health, including its earnings, debt levels, and growth prospects. A company with strong fundamentals is more likely to maintain and grow its dividend payments.
- Industry outlook: Consider the overall outlook for the industry in which the company operates. A growing industry can provide opportunities for future growth and dividend increases.
By considering these factors, you can make a more informed decision about whether a high-dividend-yielding stock is a good investment for you.
Please note: This information is for educational purposes only and should not be considered financial advice. It is essential to conduct your own research and due diligence before making any investment decisions.
Frontline announced a third-quarter 2023 profit of roughly $108 million. The company also declared that it had reached a deal to purchase 24 very large crude carriers (VLCCs) for about $2 4 billion. The companys most recent dividend of $0. 30 per share was paid on Dec. 29, 2023.
However, there are risks to chasing high-dividend stocks. Companies may borrow money in order to pay dividends, which is typically unsustainable and unfavorable for investors, if their dividend yield is 10% of 10% or more, or if their dividend yield is negative. As a result, the company may have negative net income. We excluded any such companies from our ranking.
Based on companies that are listed on the NYSE or Nasdaq, are trading at $25 per share or less, and have positive total returns for the previous 12 months, we screened for dividend-paying stocks. The companies were then ranked based on the highest forward dividend yield, which is determined by dividing the share price at the current time by the annual dividend per share.
Brazilian petroleum giant Petróleo Brasileiro S. A. As its shares surged by 249 percent and its yield is 2017, %20(PBR)%20tops%20the%20January%202024%20list%20of%20stocks%20under%20$25 percent with the highest forward dividend yield and positive total returns in the last year. 6%.
Petrobras next dividend payment of R$0. 672182 (about $0. 14) is expected to be paid on March 20, 2024. The business recently declared that it would only concentrate on wind and solar projects located in Brazil. Additionally, it recently signed a significant four-year contract with Diamond Offshore Drilling, Inc. for offshore drilling. (DO).
During the fourth quarter of 2020–2023, Natural Health Trends reported decreasing operating losses year over year and a decline in revenues for the same period in 2013. Nevertheless, the business reported a rise in orders consecutively and announced a $0 dividend. 20 to be paid on March 4.
The author does not currently own any of the stocks listed above as of the date this article was written. Article Sources: Investopedia mandates that authors cite original sources to bolster their claims. These consist of government data, original reporting, white papers, and conversations with professionals in the field. When appropriate, we also cite original research from other respectable publishers. You can read more about the guidelines we adhere to when creating impartial, truthful content in our
During volatile markets or in a bear market, dividend stocks are a popular choice among investors looking for a somewhat stable passive income source. The top four dividend stocks under $25 for February 2024 are examined below based on forward dividend yield. Companies listed on the New York Stock Exchange (NYSE) or the Nasdaq with positive 1-year total returns are included in our screening process; however, companies with payout ratios that are either negative or over 20100% are not included. All data are as of Feb. 9, 2024.
A real estate investment trust (REIT) called Seven Hills Realty Trust originates and invests in mortgage loans backed by middle-class and commercial real estate. The company declared a dividend of $0. 35 per share on Jan. 11, with an expected distribution date of Feb. 15.
7 Dividend Stocks That Pay Me $1,000 Per Month | Do This Now
FAQ
What are the cheapest stocks with the highest dividends?
What is the most profitable dividend stock?
|
Stock
|
Trailing annual dividend yield*
|
|
Boston Properties Inc. (BXP)
|
6.2%
|
|
Kinder Morgan Inc. (KMI)
|
6.2%
|
|
AT&T Inc. (T)
|
6.3%
|
|
Verizon Communications Inc. (VZ)
|
6.3%
|
What is the best dividend stock under $10?
What is the best and safest dividend stock?
|
Stock
|
Dividend yield
|
|
Northwest Natural Holding Co. (NWN)
|
5.4%
|
|
Hormel Foods Corp. (HRL)
|
3.4%
|
|
Verizon Communications Inc. (VZ)
|
6.7%
|
|
Mid-America Apartment Communities Inc. (MAA)
|
4.5%
|