In times of uncertainty and market volatility, many investors seek the dependability of owning high-dividend stocks. Regular dividends help temper the ups and downs of the market and can act as a hedge against persistent inflation. Companies that pay consistent dividends are often viewed as more stable and financially sound than companies that don’t distribute income regularly.
In the final analysis, a stock’s long-term performance will be based on financial fundamentals and market dynamics. That said, when it comes to dividend stocks, it makes sense to accumulate as many shares as possible. An investor’s dividend distributions are, after all, based on the number of shares they own, and the same can be said for capital appreciation. That’s why many investors are attracted to low-priced stocks trading at under $10.
If you understand the risks but are, nonetheless, looking to add some low-priced, high-dividend stocks to your portfolio, read on. This timely list includes seven names that are worth your consideration.
This post originally appeared at U.S. News & World Report.