Investors looking to generate income through the stock market often turn to dividend-paying stocks as a reliable source of consistent returns. According to a report by Hartford Funds, dividends have historically outperformed the overall market, providing shareholders with robust returns over the years. In addition, dividend stocks have shown resilience against inflationary pressures, often outpacing inflation rates and offering investors a hedge against rising prices.
When it comes to investing in dividend stocks, low-priced equities can offer unique opportunities for investors. These stocks have the potential for capital appreciation and increased income if the company raises its dividends over time. In this article, we will discuss the 13 best dividend-paying stocks under $15 that investors should consider adding to their portfolios.
One of the companies on the list is Krispy Kreme, Inc. (NYSE:DNUT), a multinational bakery company that pays a quarterly dividend of $0.035 per share, with a dividend yield of 1.12%. Another company worth mentioning is TTEC Holdings, Inc. (NASDAQ:TTEC), a customer experience company that offers a semi-annual dividend of $0.52 per share, with a dividend yield of 1.20%. Barings BDC, Inc. (NYSE:BBDC), a business development company, declared a quarterly dividend of $0.26 per share, with a dividend yield of 11.52%.
Other companies on the list include Kennedy-Wilson Holdings, Inc. (NYSE:KW), Vermilion Energy Inc. (NYSE:VET), Arbor Realty Trust, Inc. (NYSE:ABR), Banc of California, Inc. (NYSE:BANC), and Amcor plc (NYSE:AMCR), among others.
Investors looking to add dividend-paying stocks to their portfolios should consider these low-priced equities that offer both income and potential for capital appreciation. Conducting thorough research on the financial health and balance sheet of these companies is crucial before making any investment decisions.