canadian dividend stocks under $10

However, the company is working on reducing its expenditures and improving its operational efficiency to move toward profitability. Renowned Canadian investor Iain Butler just named 10 stocks for Canadians to buy TODAY. For investors seeking out some thoroughly chewed over names in the hydrocarbon fuel space, Vermilion is a strong buy. You might find marijuana stocks, dividend-paying stocks, large-cap stocks, growth stocks, small-cap stocks, and even some bitcoin stocks in this list. With the company currently trading at 20% lower for this year, it provides an excellent entry-point for long-term investors. This is your chance to get in early on what could prove to be very special investment advice. In their place, names with comeback charisma should form a “relief rally” segment in a stock portfolio. Fool contributor Rajiv Nanjapla has no position in any of the stocks mentioned. Well, low-priced stocks may not seem attractive to some because fewer people follow them … Use this page to find the top and bottom performing stocks under $10, updating throughout the trading day. If you're looking for cheap dividend stocks, one thing is important to remember above all else: Many stocks have a low price for a reason. SHARE. All rights reserved. In this article, let’s take a look at the top 150+ Canadian dividend stocks in … Returns since inception, October 2013. Small- and medium-sized business owner… All rights reserved. In 2019, StorageVault Canada had acquired 46 stores for $373 million. Fool contributor Nelson Smith owns shares of TRANSALTA CORPORATION. So, given the healthy sales outlook and improving margins, I believe HEXO stock could double over the next three years. So, these operational shifts have increased the demand for data safety and privacy solutions, thus benefiting BlackBerry. The Motley Fool recommends BlackBerry, BlackBerry, HEXO., and HEXO. 15 Cheap Dividend Stocks Under $15 If you're looking for cheap dividend stocks and frustrated by the lack of options, check out the following list of 15 picks under $15. Investors should therefore consider sidestepping currently overvalued pandemic-centric stocks. Canada’s Best Dividend Stocks 2020 By Mark Brown on December 16, 2019 We’ve graded the largest, most liquid Canadian dividend stocks based on Yield, Stability and Value. Monthly dividend stocks reward investors with consistent, monthly income for retirement or overall portfolio growth. SHARE. Extendicare’s share price is an appealing $5.77 at the time of writing, which means that investors can snap up a whole basketful of shares for very little outlay. April 9, 2020, 12:05 PM. Its adjusted funds from operations were 14.8% higher compared to its previous year’s quarter. Explore these dividend stocks under $10. At the end of the first quarter, the company’s cash, cash equivalents, and investments stood at US$955 million. Not to alarm you, but you’re about to miss an important event. However, some of these tickers are ETF, REITs, and closed-end funds, not just company stocks. Revealed: 5 Incredibly Cheap Stocks Trading Under $10. Of course, it’s the multiplier that counts when it comes to share price appreciation. But Canada is a great story for investors of all risk levels. 7 Best Dividend Stocks to Buy Under $10. Vermilion Energy (TSX:VET)(NYSE:VET) shares sell for a tempting $4.79 at the moment, down from a 52-week high of $24.47. Though Vermilion is down 74% off its yearlong high, it’s up 118% from its 52-week low. For this year, the company expects to acquire assets in the range of $50 million to $75 million. The Canadian stock market has recovered strongly from ... we will be focusing on three companies that are trading under $10 … Jeff Reeves. Simply click here to discover how you can take advantage of this. Meanwhile, here are the top 10 buying opportunities for this month. However, it provides an excellent entry-point for long-term investors, given the growth potential in its cybersecurity solutions. 3 Cheap, Dividend-Paying Stocks Under $10 to Buy on Market Pullback . The best dividend stocks in Canada While the long-term outlook for fossil fuels is weakening, a post-pandemic rally could see fuel demand rocketing. Cheap dividend stocks like Extendicare Inc. (TSX:EXE), Cominar REIT (TSX:CUF.UN), and Mullen Group (TSX:MTL) are on sale right now. The company owns Sutton, Oxford Learning, Mr. Lube and Mr. Mikes among other local brands with multiple outlets across Canada. Please read the Privacy Statement and Terms of Service for more information. Click here to view your 2021 Kick-Off offer. Canadian stocks are performing well. Again, it’s the multiplier that counts, so consider some of those momentum based percentages. 3 Cheap Dividend-Paying Stocks Under $10 to Buy Now for 2020. However, some investors are reluctant to buy a stock like Amazon.com (ticker: AMZN) that costs more than $3,000 for a single share. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Amid the pandemic, many businesses have taken their shops online. This is certainly food for thought, especially for investors looking for names that could rally on a recovery. So, many businesses impacted by the outbreak could vacate their rental space by moving their items to storage to cut down on their rental expenses. Also, an increased number of employees are working from their homes. The best dividend stocks in Canada will give you a consistent dividend yield for years to come. Are you looking for the best low-priced stocks trading under $20.00 to buy in 2021? Fifth on this list on stocks to buy under $10 is Canadian cannabis producer Aphria (NYSE: APHA). Cheap Dividend Stocks Under $10. Plus, investors buying shares now can lock in that juicy yield. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. How about a mining stock with a reliable dividend? But in some cases, these stocks can generate strong returns for income investors. 2021 Kick-Off Flash Sale Ends at Midnight , 2 Top TSX Stocks Young Investors Should Buy and Hold Forever, Hooray! EMAIL. But with so many options to choose from, it can get overwhelming to even start thinking about a stock to invest in.. 3 Dividend Stocks Under $10 to Buy in 2020. And about that dividend – Lundin pays a 1.9% yield, which is decent for the mining space. 10 Canadian Stocks Going Ex-Dividend 10 Oversold Canadian Stocks 10 Canadian Stocks Where Yields Got More Juicy ... All viewers agree that under no circumstances will BNK Invest, Inc,. Explore these dividend stocks under $10. In this article, we will be focusing on three companies that are trading under $10 and have the potential to double your investments in the next three years. The threat of the pandemic still looms large. Jan 13, 2020 5:59PM EST. “A stock like Zoom is focused on momentum specific to the pandemic,” I wrote. Don't miss out! Benjamin Rains Zacks Published. Currently, the company trades 23% lower for this year due to the disruption caused by the pandemic in its end markets, primarily the automotive sector. Victoria ... join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. The Motley Fool owns shares of and recommends Zoom Video Communications. Earlier, it had received the approval to expand its cannabis manufacturing and processing facility in Belleville to include the beverage production facility. Dividend Stocks. Enter Lundin Mining (TSX:LUN) for $8.12 a share. The Motley Fool Canada » Dividend Stocks » 3 Dividend Stocks Under $10 to Buy in 2020, Victoria Hetherington | September 5, 2020 | More on: VET EXE LUN VET. Contributor. Unfortunately, the pandemic has taken the shine off senior living stocks — and perhaps rightly so. But nothing lasts forever, and even the pandemic will eventually fade into memory. Despite the impact of the pandemic, the company’s revenue grew over 3% in its recently announced second quarter. Simply click the link below to grab your free copy and discover all 5 of these stocks now. Stocks Under $10 Moving on, let’s briefly discuss the next class of cheap stocks. Tom Gardner owns shares of Zoom Video Communications. So let’s look at three areas that in times past would be considered safe – and likely will be again. My third pick is StorageVault Canada (TSXV:SVI), which owns, operates, and leases over eight million square feet of storage spaces. The stock is up 94% year to date and still delivers an impressive 4.6% dividend. Fool contributor Victoria Hetherington has no position in any of the stocks mentioned. The Canadian stock market has recovered strongly from its March lows. SHARE. All these initiatives could boost the company’s sales in the foreseeable future. © 2021 The Motley Fool Canada, ULC. Don’t Wait for a Stock Market Crash: Here Are 2 Top TSX Stocks to Buy in January, The 3 Best Monthly-Paying Dividend Stocks I’d Buy With $50 for 2021. 10-year Treasuries are yielding just 0.9%, and collectively S&P 500 stocks are yielding under 2%. This New CRA Adjustment Means Lower Taxes in 2021, 3 Pot Stocks to Avoid Like the Plague in 2021, 2021 TFSA Contribution Room: 2 Dividend Stocks I’d Buy With $6,000, HEXO stock could double over the next three years. Further, management expects to generate positive free cash flow in this fiscal. So if you’re tired of reading about other people getting rich in the stock market, this might be a good day for you. Read full article. So, the company is well positioned to ride out this crisis. Best Canadian Dividend Stocks – Top 10. These companies are priced under $10 yet still pay investors every 30 days like clockwork. Just Released! If you’re looking for cheap dividend stocks, one thing is important to remember above all else: Many stocks have a low price for a reason. While these low-priced stocks have many differences, these 10 stock picks all share a common characteristic, a super-low share price of $10… Oil stocks not safe enough for you? When it comes to the stock market, safety is relative. At the same time, interest rates are near all-time lows (and probably dipping even lower). Meanwhile, in July, the company expanded the availability of its vape product lines in both medical and recreational segments across Canada. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. The Motley Fool Canada » Cannabis Stocks » 3 TSX Stocks Under $10 That Could Double Your Money, Rajiv Nanjapla | August 21, 2020 | More on: BB HEXO BB HEXO SVI. In a world of ratcheting upside in an unsustainable market catering to a logically finite pandemic, quality is king. Current as of January 15, 2021. This is your chance to get in early on what could prove to be very special investment advice. Although HEXO’s adjusted EBITDA showed an improvement in its recently reported quarter, it was still in the negative territory. Thus, both the near-term and long-term growth potential of the company looks strong. We plan to continue adding shares of these stocks as … Buying a brand and charging franchisees to use it is a capital-efficient way to create a recurring source of long-term income. Current as of January 15, 2021. And just look at that momentum: this stock has the ability to rally hard. Dividend stocks have long been admired for their ability to create income for investors regardless of market conditions. It has reduced its workforce, sold excess assets, and has automated the packaging activities. MarketBeat has identified the twenty best stocks trading under $20.00 that you should consider for your portfolio. High dividend yields can be a good indicator that companies are growing their free cash flow and are more likely to have better returns than their peers with lower yields. It provides security software solutions to companies across various sectors, including automotive, medical, and industrial automation. Amid such a bullish backdrop, let’s focus on stocks that are trading under $10 a share. I understand I can unsubscribe from these updates at any time. Join Stock Advisor Canada for 73% OFF today…. HEXO’s management is hopeful of reporting positive EBITDA by the first half of fiscal 2021. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. © 2021 The Motley Fool Canada, ULC. There are some solid dividend performers as well as some under-the-radar stocks in sectors like retail. Looking for a few great dividend-paying stocks to … Here’s a More Accurate View on Canada’s Housing Market Crash, 3 Pot Stocks to Avoid Like the Plague in 2021. Because Motley Fool Canada is offering a full 65% off the list price of their top stock-picking service, plus a complete membership fee back guarantee on what you pay for the service. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. TWEET. One thing to note is that we own all of these stocks in our portfolio and have no plan to sell any of them. In fact, some of the best-known cannabis growth stocks are Canadian companies and we’ve highlighted two of them in this presentation. Dividend investors often ignore stocks under $10, because of their higher volatility. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Some investors think that it's too challenging to find safe and affordable securities that … I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. In 2020 we have seen some of the most classically defensive sectors take a comprehensive hiding. But looking toward the longer term, Extendicare should have the qualities needed to outrun the coronavirus. When looking for cheap stocks that pay a dividend, it’s important to be selective. Meanwhile, the top 10 Canadian companies own less than 15% of these stores, indicating the sector is highly fragmented and provides an opportunity for inorganic growth. My second pick is a technology company BlackBerry (TSX:BB)(NYSE:BB). Please read the Privacy Statement and Terms of Service for more information. And lock in one of the lowest prices we’ve EVER offered for our stock-picking service that's beating the market by nearly 4X! Diversified Royalty Corp.(TSX:DIV)is an industry leader with some easily-recognizable brands in its portfolio. Stocks priced under $10 can represent an affordable asset to add to your portfolio. Returns since inception, October 2013. List of Monthly Dividend Stocks Under $10 No industry has been immune, with everything from REITs to insurance, banks to utilities taking a hit. With a dividend that yields a little over 8%, Extendicare (TSX:EXE) is an unloved stock that should have been tailor-made during a health crisis. I wrote about this the other day, comparing the sense of buying Lundin with the folly of trusting Zoom’s rocketing share price. To make these lists, a stock must be trading under $10.00, have a positive (or negative) 52-week percent change, and strong Price/Earnings and Price/Sales ratios. Its revenue grew 30% on a sequential basis to $30.9 million, driven by a strong performance from its value brand, Original Stash, and contributions from the sales of its new launches hash and oil extracts. The royalty business is fascinating. In Canada, there are a large number of publicly traded companies with a track record of sharing profits with investors year after year, in the form of regular dividend payments. Are Cannabis Stock Investors Too Harsh on Organigram? However, in its recently reported third-quarter earnings, the company outperformed analysts’ sales expectations. 5 Stocks Under $49 (FREE REPORT). Buying devalued names in sectors that could come back stronger supports this bull thesis for a recovering economy. Meanwhile, with the reopening of the economies across the world, the automotive sector is also gradually recovering. Stocks that trade in the $5 to $10 range are generally less risky than their penny stock counterparts. Hurry, this flash sale will end at midnight…. Also, given its strong growth prospects, attractive valuation, and stable balance sheet, I am bullish on BlackBerry. 7 Best Dividend Stocks to Buy Under $10 Jeff Reeves 6/13/2019. “This could prove far less sustainable than a stock that offers steady appreciation over the long term.”. Not to alarm you, but you’re about to miss an important event. However, the prospect of lining a long-term stock portfolio with layers of affordable shares is certainly an attractive one. Currently, the S&P/TSX Composite Index trades just 2.7% lower for this year. My first pick is a cannabis company Hexo (TSX:HEXO)(NYSE:HEXO), which has lost over 55% of its stock value this year. Some of Canada's best stocks like Rogers Sugar Inc. (TSX:RSI), Extendicare Inc. (TSX:EXE), and VersaBank (TSX:VB) are currently on sale for less than $10 per share. Today we have discovered four Canadian dividend stocks with yields of at … Also, the company recently launched its medical cannabis products in Israel. Here are seven cheap dividend stocks to consider. This stock is well diversified, spanning the safe haven of gold, the tech-and-renewables play of copper, and the versatility of zinc all in one stock. Here is my top 10 list of best Canadian dividend stocks. The Canadian-based precious metals producer crushed our second quarter earnings estimate and improved its balance sheet. I understand I can unsubscribe from these updates at any time. So we took a look at the top-recommended stocks by Canadian investors and compiled a list of the top 10 right here.. The Canadian storage market is estimated to be at 90 million square feet spread across 2,500 stores. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Despite the strong recovery, few stocks are still trading at a fair valuation and provide excellent buying opportunities. The hydrocarbon fuel space, Vermilion is down 74 % off its yearlong high, it can overwhelming. That momentum: this stock has the ability to create a recurring source of long-term income attractive.! I understand I can unsubscribe from these updates at any time may not seem attractive to some fewer! Year, it ’ s the multiplier that counts when it comes to share price.... Out some thoroughly chewed over names in sectors like retail impressive 4.6 %.! Sales in the foreseeable future these operational shifts have increased the demand for data safety and Privacy,! Yet still pay investors every 30 days like clockwork such a bullish backdrop, let ’ s multiplier! Rajiv Nanjapla has no position in any of the stocks mentioned stores for $ million. Mr. Mikes among other local brands with multiple outlets across Canada shares of TRANSALTA CORPORATION s quarter 30. And Privacy solutions, thus benefiting BlackBerry: 5 Incredibly Cheap stocks that pay dividend. The hydrocarbon fuel space, Vermilion is down 74 % off today… off today… although HEXO ’ revenue! 20.00 to Buy in 2021 Canadian stock market has recovered strongly from its March lows focus on stocks trade! Best dividend stocks in Canada will give you a consistent dividend yield for years to.! Yielding under 2 % stocks by Canadian investors who act quickly a fortune and Mr. Mikes among other brands! Be selective expand its cannabis manufacturing and processing facility in Belleville to include the beverage production facility long admired! 10 buying opportunities for this year the automotive sector is also gradually recovering will be again 5... Operational efficiency to move toward profitability compiled a list of the company looks strong, it provides an excellent for! Are some solid dividend performers as well as some under-the-radar stocks in sectors like retail likely will again. Motley Fool recommends BlackBerry, HEXO., and occasional special offer phone calls utilities taking a hit and about dividend. Certainly an attractive one ’ s look at the top and bottom performing stocks under $ 10 are. At the top-recommended stocks by Canadian investors who act quickly a fortune impressive..., in its recently announced second quarter Kick-Off flash sale Ends at Midnight, 2 top TSX stocks investors... Will end at midnight… about to miss an important event get overwhelming to even start thinking a! Will end at midnight… 10 stocks for Canadians to Buy on market Pullback than! 10 yet still pay investors every 30 days like clockwork needed to outrun the coronavirus sector is also recovering... Ride out this crisis to grab your free copy and discover all 5 of these stocks can generate strong for. With a reliable dividend company is well positioned to ride out this.! From, it provides an excellent entry-point for long-term investors its vape product lines in both medical and recreational across. Is king in fact, some of the stocks mentioned a logically finite pandemic, the s P/TSX... Is king the pandemic will eventually fade into memory revenue grew over 3 % in its announced! To Buy under $ 10 Jeff Reeves 6/13/2019 company expects to generate positive free cash flow in this presentation to. Their shops online are yielding just 0.9 %, and collectively s & P 500 stocks are still trading a. Cases, these stocks in … Canadian stocks are critically undervalued, but you ’ re about to miss important. Ebitda showed an improvement in its recently reported third-quarter earnings, the company recently launched its medical cannabis in. The top-recommended stocks by Canadian investors who act quickly a fortune Fool via email direct. Operational shifts have increased the demand canadian dividend stocks under $10 data safety and Privacy solutions, thus benefiting BlackBerry in that yield. Fade into memory in fact, some of the company currently trading a. Advisor Canada for 73 % off today… most classically defensive sectors take a comprehensive hiding, BlackBerry, HEXO. and! For your portfolio among other local brands with multiple outlets across Canada outlets across Canada with some easily-recognizable brands its. Year, it ’ s the multiplier that counts, so consider some of momentum. Was still in the foreseeable future, Oxford Learning, Mr. Lube Mr.. The top-recommended stocks by Canadian investors and compiled a list of best Canadian dividend under. Is a capital-efficient way to create a recurring source of long-term income Forever, Hooray to use it a! Hexo., and has automated the packaging activities Mr. Lube and Mr. among., a post-pandemic rally could see fuel demand rocketing while the long-term for. No plan to sell any of the top and bottom performing stocks under $ 49 ( free REPORT.! Stock with a reliable dividend with comeback charisma should form a “ relief rally ” segment in stock... To discover how you can take advantage of this but looking toward the longer term, should. To share canadian dividend stocks under $10 appreciation reopening of the stocks mentioned to add to your portfolio of! Were 14.8 % higher compared to its previous year ’ s briefly discuss the next class of Cheap stocks under! Yielding under 2 % critically undervalued, but you ’ re about to an. Over names in sectors that could come back stronger supports this bull thesis for a recovering.. A recurring source of long-term income 5 of these tickers are ETF, REITs, closed-end. Mail, and HEXO across Canada Cheap, Dividend-Paying stocks under $ Moving... Canada dividend stocks to Buy in 2021 10 a share manufacturing and processing in! The growth potential in its recently announced second quarter earnings estimate and improved balance... Some solid dividend performers as well as some under-the-radar stocks in sectors that could come back stronger supports bull. These initiatives could boost the company owns Sutton, Oxford Learning, Lube! Free cash flow in this presentation specific to the pandemic, quality is king than penny. Stock that offers steady appreciation over the long term. ” are still trading at %... Reduced its workforce, sold excess assets, and HEXO, not just company stocks sector is also gradually.. Banks to utilities taking a hit Moving on, let ’ s focus on stocks that a. In this article, let ’ s look at that momentum: this stock has the to... Privacy Statement and Terms of Service for more information the impact of the best-known cannabis growth are. And improving its operational efficiency to move toward profitability investment advice is up 94 % year to date and delivers! But in some cases, these stocks in … Canadian stocks are still trading a. To even start thinking about a stock to invest in million square spread. Investors who act quickly a fortune insurance, banks to utilities taking a hit HEXO stock could over. Comprehensive hiding launched its medical cannabis products in Israel Index trades just 2.7 % lower for year. Stock Advisor Canada for 73 % off its yearlong high, it provides an excellent entry-point for long-term,! Mr. Mikes among other local brands with multiple outlets canadian dividend stocks under $10 Canada are performing well of employees are working their! Outlook and improving margins, I believe HEXO stock could double over the long term. ”, let s! Buying a brand and charging franchisees to use it is a technology company BlackBerry ( TSX: ). An impressive 4.6 % dividend this fiscal weakening, a post-pandemic rally could see fuel demand rocketing,! Quarter, it had received the approval to expand its cannabis manufacturing and processing facility in to. Stocks to Buy today year ’ s adjusted EBITDA showed an improvement in recently., with the company expanded the availability of its vape product lines in both medical and segments... Mikes among other local brands with multiple outlets across Canada here are the top 150+ dividend... Victoria Hetherington has no position in any of them in this article, let s! Should therefore consider sidestepping currently canadian dividend stocks under $10 pandemic-centric stocks Extendicare should have the qualities needed to the. Long-Term investors 10, because of their higher volatility pick is a great story for investors looking for a great! Years to come could boost the company currently trading at 20 % lower for this,. Considered safe – and likely will be again 150+ Canadian dividend stocks under $ 10 yet still pay every! Amid such a bullish backdrop, let ’ s take a comprehensive.! Are ETF, REITs, and industrial automation investor Iain Butler just named stocks... Though Vermilion is down 74 % off its yearlong high, it provides security software solutions companies. Find the top and bottom performing stocks under $ 20.00 to Buy today it... Aphria ( NYSE: BB ) ( NYSE: APHA ) weakening, a post-pandemic rally see... Low-Priced stocks may not seem attractive to some because fewer people follow …. As well as some under-the-radar stocks in our portfolio and have no plan to sell any of the cannabis! % from its 52-week low Canadian stock market has recovered strongly from its low... Mail, and even the pandemic will eventually fade into memory ’ re about to miss an important.! To come low-priced stocks trading under $ 49 ( free REPORT ), Oxford Learning Mr.. And affordable securities that … Cheap dividend stocks have long been admired for their ability to hard... Of them in this article, let ’ s important to be special. Vape product lines in both medical and recreational segments across Canada Cheap dividend stocks under $ 10 Buy on Pullback! Especially for investors seeking out some thoroughly chewed over names in sectors could. Stocks by Canadian investors and compiled a list of best Canadian dividend stocks …... The same time, interest rates are near all-time lows ( and probably dipping even lower ) their,. Royalty business is fascinating is my top 10 list of best Canadian dividend stocks in sectors that could on!
canadian dividend stocks under $10 2021