2 “Strong Buy” Dividend Stocks Under $10 With at Least 15% Dividend Yield

To ensure solid returns, investors can follow two straightforward strategies. The first is to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the growth potential. The second strategy is to invest in dividend stocks, which provide regular payouts, allowing investors to earn returns on their investment. Keeping these strategies in mind, we’ve used the TipRanks database to identify two stocks that offer dividends of at least 15% yield – that’s more than 7x higher than the average yield found in the markets today. Both of these stocks have received a Strong Buy rating and have positive analyst reviews on record. And all that for a cost of entry below $10. Let’s take a closer look.

The first stock we’ll look at is Redwood Trust (RWT). This real estate investment trust, or REIT, has originally based its portfolio on residential mortgages and loans but has expanded into business purpose bridge loans. Let’s stick with REITs, and look at Granite Point Mortgage (GPMT). This company is more narrowly focused than Redwood, sticking to commercial real estate mortgage loans.

Source: Yahoo Finance

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