5 Stocks Trading Under $10 Paying Huge Dividends With Ultra-High Yield

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• Ultra-high dividend paying companies are perfect for those looking for passive income.
• With interest rates set to fall, dividend stocks will return to favor.
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Investors love dividends stocks, especially the ultra-high-yielding variety, because they offer a significant income stream and massive total return potential. Total return includes interest, capital gains, dividends and distributions realized over time. In other words, the total return on an investment or portfolio consists of income and stock appreciation.

While the majority Wall Street focuses on large and mega-cap stocks because they offer a degree of safety and liquidity, many investors are limited in the number of stocks they can buy. Many of the top public companies, especially the tech giants, trade at prices as high as $1,000 per share, while many are in the low to mid-hundreds. It’s hard to get decent share count leverage at those steep prices.

Many investors, especially more aggressive traders, look at stocks at lower prices to make good money and get more shares. This can help the decision-making process, especially when you’re on a winner, as you can always sell and keep half.

For low price stock market skeptics, many of the world’s biggest companies, including Apple, Amazon, Netflix and Nvidia, traded in the single digits at one point.

We shielded ourselves 24/7 Wall St. Research Database looking for companies trading under $10 that pay ultra-high double-digit yield dividends that could provide patient investors with enormous returns for the rest of 2024 and beyond. Five companies that hit our screens, making the potential for total returns even more intriguing. Dividend investors should realize this new ratio.

AGNC Investments

AGNC Investment provides private equity to the United States real estate market.

This company has paid solid monthly dividends since 2008, and its current yield is 14.43%. AGNC Investment Corp. (NASDAQ: AGNC ) is a United States real estate investment trust (REIT).

The company invests in residential mortgage transfer securities and guaranteed mortgage obligations for which payments of principal and interest are guaranteed by the enterprise sponsored by the United States government or United States government agency.

AGNC Investments funds its investments primarily through secured loans structured as repurchase agreements. It has elected to be taxed as a REIT under the Internal Revenue Code of 1986. However, it would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders.

Barings BDC

Barings BDC primarily makes debt investments in middle market companies.

This business the development company is an industry leader and pays a massive 11.05% dividend. Barings BDC Inc. (NYSE: BBDC) is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940.

Looking to invest primarily in:

• Senior secured loans
• First guarantee debt
• Unitranche
• Second lien
• Subordinated debts
• Equity co-investments
• Senior secured private debt investments in private middle market companies operating in various industries

The company specialized in:

• entresol
• Leveraged purchases
• Management purchasing
• ESOP sites
• Change of Control Transactions
• Acquisition financing
• Financing growth
• Recapitalizations in lower middle market, mature and later stage companies

Barings BDC invests in manufacturing and distribution, business services and technology, transportation and logistics, and consumer products and services. It invests in the United States and in companies with an EBITDA of $10 to $75 million, typically in investments backed by private equity sponsors.

BrightSpire Capital

BrightSpire Capital focuses on creating, acquiring, financing and managing a diversified portfolio of commercial real estate debt and net lease real estate investments.

With a massive 11.94% dividend and trading under $6, this company could be a total homecoming. BrightSpire Capital Inc. (NYSE: BRSP) operates as a commercial real estate investment trust (CRE) in the United States and Europe.

The company operates through:

• Senior and mezzanine loans and preferred equity
• Net rent and other real estate
• Corporate and other segments

Focus on origination, acquisition, financing and management of a diversified portfolio of CRE debt investments, including first mortgage loans, senior loans, debt securities, mezzanine loans, preferred equity investments and net leasehold properties.

The company qualifies as a real estate investment trust for federal income tax purposes. Generally, it would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders.

Orion Office REIT

Trading sub $4 with a massive 10.55% dividend, this company could double in price from its current trading level. Orion Office REIT Inc. (NYSE: ONL) specializes in owning, acquiring and managing a diversified portfolio of mission-critical office buildings and corporate headquarters in high quality suburban markets across the US

portfolio is principally let to creditworthy tenants on a single net tenant basis. The firm’s team of experienced industry leaders uses a proven, cycle-tested investment evaluation framework that serves as the lens through which capital allocation decisions are made for the current portfolio and future acquisitions.

The company was founded on July 1, 2021, spun off from Realty Income Corp. (NYSE: O) on November 12, 2021 and began trading on the New York Stock Exchange on November 15, 2021. The company is headquartered in Phoenix, Arizona, with an office in New York.

Prospect Capital

Prospect Capital is a leading flexible provider of private debt and equity.

Hedge funds love this top BDC and the gigantic 13.77% dividend makes it a potential total homecoming. Prospect Capital Corp. (NASDAQ: PSEC) specializes in middle market, mature financing, mezzanine, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnarounds, growth capital, development, capital expenditures and debt tranches subordinated loan obligations, cash flow term loans, market loans and bridge transactions.

Also invest in the multi-family residential real estate asset class. The fund makes secured debt, senior debt, senior and secured term loans, unitranche debt, first and second lien, private debt, private equity, mezzanine debt and equity investments in private and public microcap businesses.

Prospect Capital focuses on both primary origination and secondary loans/portfolios. Invests in debt financing for private equity sponsors, buyouts, dividend recapitalizations, growth financings, bridging loans, cash flow term loans and real estate financings/investments.

The company invests in the following sectors and business silos:

• Aerospace and Defense
• Chemical products
• Services for conglomerates and consumers
• Ecological
• electronic
• Financial services
• Machinery and manufacturing
• Mediate
• Pharmaceuticals
• Retail
• Software
• Specialty minerals
• Textiles and leather
• Transport
• Oil and coal production

In addition to favoring materials, industrials, consumer discretionary, information technology, utilities, pipelines, energy storage, generation and distribution, renewable and clean energy, petroleum services, healthcare, food and beverage, education, business services and other selected sectors.

The best dividend stocks yielding over 12% to buy now

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