A quarterly dividend payment from a high-quality stock may be as close to a sure thing as an investor can find on Wall Street. Even during periods of broad market weakness, the lower a stock’s price falls, the higher its dividend yield rises.
Unfortunately, companies often cut their dividend payments as the first line of defense when times get tough, and many dividend stocks priced under $10 may not be safe investments. Investors buying these stocks should always take a close look at their business fundamentals. Here are seven of the best dividend stocks under $10, according to Morningstar.
This post originally appeared at U.S. News & World Report.